Project Management Central

Please login or join to subscribe to this thread

Topics: Cost Management, Earned Value Management, Portfolio Management
EV measurement in a governmental organization
Network:151



Dear All

All of us know what is EVM and how to evaluate and measure parameters of it. It's seems easy and no doubt in it.

A contractor can define parameter EV as earning in contract. But how it can be define in a governmental organization that they don't have Portfolio Management and Program Management.
What is the earning of this type of company or organization.

I'm waiting for your advice?
Sincerely Yours
Sort By:
Page: 1 2 <prev
Network:90676



Nov 20, 2017 4:01 PM
Replying to SeyedReza Moosavi
...
Thanks Stephan

The differences between budget in contractor side and Client Side confuse me.
Are you on the contractor side or on the client side?

If you are on the contractor side, your budget is based on the forecasted revenue and expenses for the duration of your contract.

If you are on the client (government) side, your budget will be based on the forecasted expenses over the whole project. (If the business case had savings forecasted, you may have to incorporate that in your budget as a type of revenue.).
Network:3882



Seyed Reza I think you are mixing. EVM (Earn value managemnt) is a tool to determine project progress in term of cost and schedul at any point of time and i think it has no connection with portfolio or program management.
...
1 reply by SeyedReza Moosavi
Dec 19, 2017 1:29 AM
SeyedReza Moosavi
...
You right Mansoor, I found my mistake, Thanks a lot
Network:151



Dec 18, 2017 8:21 AM
Replying to Mansoor Mustafa
...
Seyed Reza I think you are mixing. EVM (Earn value managemnt) is a tool to determine project progress in term of cost and schedul at any point of time and i think it has no connection with portfolio or program management.
You right Mansoor, I found my mistake, Thanks a lot
Network:151



Nov 20, 2017 4:39 AM
Replying to Sergio Luis Conte
...
Perhaps I did not understand your post but here my comments. If you are talking about Earned Value Method the EV is defined into the method itself. You can not define it as you want. In my case, when working with governmental organizations (I was part of one of them and after that i worked into a consulting firm where we were providers) we use a variation named earned schedule management. You can find references to it inside the PMI EVM Guide and in multiples sites into the internet.
Thanks Sergio
Page: 1 2 <prev  

Please login or join to reply

Content ID:
ADVERTISEMENTS

People on dates shouldn't even be allowed out in public.

- Jerry Seinfeld

ADVERTISEMENT

Sponsors