> Capabilities > Program Management > Earned Value Management
Program Management is the foundation of EMA. In fact, when we opened our doors in 1984, our first product, and still one of our best, was truly outstanding program management services. We know that successful program achievements and on-time completion are no accident - they're the result of careful planning, thoughtful strategy, and faithful execution.
We work with you to review program aspects, identify trends and synergies, and map program execution plans to mitigate risk. Automated development and planning tools help us to ensure your projects begin with well-defined plans. Work breakdown structures (WBSs) provide accurate cost, time, and resource estimates. And, our automated tracking systems help anticipate schedule deviations and impact and reduce surprises.
We can help get and keep your program on track...engineering, integration, production, installation, testing, and more. Let us keep you at the head of the pack.
.: Integrated Logistics
.: Acquisition Program Management
.: Earned Value Management
.: Business & Financial Management
.: Schedule & Resource Management
Earned Value Management
EMA's fully integrated approach to budgeting, scheduling, resource planning management, and planned value performance measurement provides project managers with the early warning they need to take corrective action if project costs exceed the value of what the project will accomplish.
Each earned value management system starts with a performance measurement baseline that we create from the project plan. We identify the earned value measurement methods needed, develop report formats and timeframes, and establish variance thresholds for analysis and reporting. Periodically, we evaluate progress and cost against the current plan and identify those areas that vary from the baseline. We compare the budgeted cost for work scheduled (planned value) to the budgeted cost of work performed (earned value). We also compare the budgeted cost for work performed (earned value) to actual costs for the same work. This information, along with our analysis of the cause of any variances, allows project managers to quickly correct existing problems, identify potential problems, and produce accurate cost-at-completion estimates. Insights like these give EMA clients the tools they need for reliable problem resolution and dynamic decision making.
EMA can put an earned value management system to work for you...flexible contract arrangements and GSA Schedules make it easy. Call Terry Lauer today to find how. Contact him at (301) 863.2192 or