Introduction

• Discussion of workshop approach.
• Review of notebook contents.

Overview of Scalable Earned Value Management (EVM)

• Understanding the government policies.
• Who uses Scalable EVM? – discussion of public and private agencies.
• Who uses Earned Value?
• The essential features of a disciplined Scalable EVM System.
• Objectives and policies of implemented requirements.

Introduction to Scalable Earned Value Management (EVM) Concept

• Scalable Earned Value Management System implementation.
• Benefits of Scalable Earned Value Management.

Organization and Work Definition

• WBS defined.
• Purposes of a WBS.
• Developing a WBS for standard and non-standard systems.
• Trade-off assessments on determining the number of levels in the WBS.
• Purpose and importance of defining WBS elements.

Responsibility Assignment

• Matrixing the organization structure with the WBS.
• Essential features of a Control Account.
• Guidance in the identification of Control Account levels and contents.
• Integrating management subsystems around the WBS and Control Accounts.

Planning, Scheduling and Budgeting

• Planning, Scheduling, and Budgeting - A three-stage iterative process.
• Proper design of a scheduling system.
• Integrating cost and schedule.
• Management philosophies on Management Reserve and Undistributed Budgets.
• Formal authorization of work.

Measuring Accomplishment

• Description of Work Measurement classifications.
• Work Packages defined.
• Discrete Work Measurement techniques.
• Milestone Characteristics.

Transmission Design Control Account Plan (Scalable EVM Case Study #3)

A comprehensive, but concise, exercise involving selecting appropriate Earned Value methodologies and calculating the budget and Earned Value for a sample Control Account.

Earned Value Methods (EVMS Case Study #5)

An exercise involving the determination of BCWS and BCWP based on selected Earned Value Methods.

Accounting

• Why Actual Cost of Work Performed (ACWP) is different from "actual costs".
• Structuring an effective cost control code for accumulating Actual Costs of Work Performed.
• Common problems and solutions to accumulating material costs for performance measurement.
• How to identify meaningful material variances.
• Classification of indirect costs.

Analysis

• Identifying cost and schedule variances.
• Methods of portraying variances.

Calculation of Cost and Schedule Variances (Scalable EVM Case Study #4)

A simplistic exercise in the calculation of cost and schedule variances.

Variance Analysis Traceability

• Establishing beneficial variance analysis reporting thresholds.
• Interpreting cost and schedule variance.
• Writing useful Variance Analysis Reports.

Variance Analysis Report Critique (EVMS Case Study #6)

A comparison and evaluation of alternative Variance Analysis Reports.

Estimates, Indices and Forecasts

• Developing Estimates at Completion (EAC).
• Utilization of Performance Indices.
• Comparing past and future efficiency factors.

Performance Factors and Estimates at Completion (EVMS Case Study #7)

A simplistic exercise requiring the calculation of past and future efficiency factors and an Estimate At Completion forecast.

Revisions and Baseline Maintenance

• The importance of baseline management.
• Obtaining a balance between a firm baseline and the requirement for replanning flexibility.
• How the baseline is affected by various changes.
• Acceptable reasons for retroactive changes to the baseline.

System Design, Implementation and Surveillance

• Scalable Earned Value reporting.

Appendix

Course Evaluation Sheet

Adjourn