Performance and Analysis Cycle as Part of EVMS Implementation

Once the project baseline is established, it is important to establish a consistent and disciplined weekly or monthly performance measurement and analysis business rhythm. Typically the activities outlined below would be included in an implementation process. H&A consultants can provide assistance with:

• Assessing how completed work is determined including any complementary back up documentation
• Capturing current status including schedule progress and calculating earned value
• Establishing the process and system interfaces to capture actual costs and estimated actual costs
• Establishing the process to capture subcontractor performance and actual cost data
• Developing the estimates to complete (the remaining work) and estimates at complete (actual to date plus estimates to complete)
• Incorporating approved changes into the schedule and cost baseline
• Producing internal schedule and cost performance analysis reports and metrics
• Producing formal customer reports including the IMS and Contract Performance Report (CPR) formats
• Auditing and reconciling the CPR data
• Preparing variance analysis reports (VARs)