Making Strategic Decisions In Department Of Defense Acquisition Using Earned Value Management
Download Making Strategic Decisions In Department Of Defense Acquisition Using Earned Value Management full books in PDF, epub, and Kindle. Read online free Making Strategic Decisions In Department Of Defense Acquisition Using Earned Value Management ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
| Author | : Douglas B. Bushey |
| Publisher | : |
| Total Pages | : 56 |
| Release | : 2007 |
| Genre | : Cost control |
| ISBN | : |
This paper provides Department of Defense (DoD) Acquisition officials a guide for using earned value management (EVM) to make strategic decisions. Today's military forces face a great variety of threats with unprecedented complexities. To deal with these threats, DoD is pursuing a bold strategy to transform itself into a more agile and lethal force while fighting the war on terrorism. This transformation, in concert with fighting a global war, comes at an expense. The fiscal year (FY) 07 defense budget will exceed $513 billion this year; if historical trends continue, around 33% of these dollars will go to weapon system acquisitions. For more than 35 years, DoD has used EVM to ensure the efficient and effective use of these dollars. Yet despite the fact that this project management process has been around for so long, DoD still struggles to keep weapon system projects within budget. In the first quarter of FY06, 40 programs reported Nunn-McCurdy unit-cost breaches, with 25 of these reporting greater than 50% unit-cost growth. This paper examines how DoD can better use EVM to make strategic decisions on defense programs. The first portion of this paper briefly describes earned value and the process DoD uses to validate a contractor's system. With this background, the paper describes how a valuable resource -- the Defense Contract Management Agency (DCMA) -- can assist project managers (PMs) with using EVM to make strategic program decisions. This section is dedicated to program EVM analysis methods used to develop pieces of the puzzle that predict answers to very important program management questions. The research methodology includes analysis of three major defense program EVM systems and data, comprehensive literature review of EVM in acquisition management, and consultation with PMs, DCMA personnel, and DoD contractors. This paper will not cover the basics of EVM. Rather, it concentrates on the use of this concept as a predictive tool to identify root causes of problems, develop solutions early in the acquisition life cycle, and make strategic program decisions. This paper includes questions that acquisition officials can use to shape EVM and the data analysis and products that can be expected. Finally, it concludes with recommendations for maximizing the use of EVM to make strategic decisions.
| Author | : Christopher Everett Carson |
| Publisher | : |
| Total Pages | : 199 |
| Release | : 2021 |
| Genre | : |
| ISBN | : |
The United States no longer has the luxury of overspending on military weapon systems. Military programs have steadily cost more, taken longer, and delivered less. How can the Department of Defense reverse this trend? The Department of Defense prescribes the use of an Earned Value Management System (EVMS) to control large, complex engineering projects. According to academic literature, the earned value method can be an effective project control technique but also has significant flaws. Modern integrated project models allow for innovative new approaches to project control which may be superior to the earned value method. Department of Defense policy reveals that integrating cost, schedule, and scope; accurately forecasting project status to allow for proactive decision making; and effective risk mitigation are the most important features of a project control method. This thesis reviews earned value method research and Department of Defense EVMS policy. This thesis also evaluates four project control methods through an experiment that uses an integrated project model. Subject to the specific conditions represented in the model, a Multiple Risk Level model-based control method enabled more proactive decision making than a modified version of the earned value method in the experiment. However, the Multiple Risk Level model did not forecast or enable risk mitigation as well as the modified earned value method in the experiment. The results of this analysis suggest that the ideal project control technique depends on the goals, nature, and environment of the project. Therefore, the Department of Defense should use integrated project models to tailor project control strategies to best suit acquisition programs.
| Author | : |
| Publisher | : |
| Total Pages | : 32 |
| Release | : 1997 |
| Genre | : |
| ISBN | : |
Despite the regularity with which defense acquisition programs have experienced cost overruns and schedule delays, the Department of Defense (DoD) does have an extensive system intended to provide program managers and others with early warnings of cost and schedule problems. In 1967, DoD issued a set of cost/schedule control system (CS2) criteria that it required defense contractors to meet. However, it has become widely accepted by DoD and the defense industry alike that this process is in need of reform. This report addresses the problems facing the CS2 process, the progress DoD has made with reforms, and the challenges DoD faces in fostering and managing potentially significant changes.
| Author | : Ronald Kerber |
| Publisher | : DIANE Publishing |
| Total Pages | : 47 |
| Release | : 2009-11 |
| Genre | : Technology & Engineering |
| ISBN | : 1437917186 |
The U.S. must be prepared to respond to a broad set of national security missions, both at home and abroad. Yet many deficiencies exist in defense capabilities need to support these missions -- systems are aging and technologies are becoming obsolete. Fixing the DoD acquisition process is a critical national security issue -- requiring the attention of the Sec. of Defense. DoD needs a strategic acquisition platform to guide the process of equipping its forces with the right materiel to support mission needs in an expeditious, cost-effective manner. The incoming leadership must address this concern among its top priorities, as the nation¿s military prowess depends on it. This report offers recommendations for rebuilding the defense acquisition process.
| Author | : Louis D. Bryan |
| Publisher | : |
| Total Pages | : 74 |
| Release | : 1999-09-01 |
| Genre | : |
| ISBN | : 9781423552994 |
The objective of this study was to determine the usefulness of Earned Value Management as a program management tool for the Department of Defense acquisition community. In making this determination, the study sought to uncover information about Earned Value Management from the contractor's perspective as well as the government administrator's perspective. It also sought to determine the usefulness of Earned Value Management during the different phases of the software acquisition process. The study utilized a structured questionnaire to acquire the data necessary for analysis. This data was analyzed to compare perceptions of the government and contractor communities in regard to the use of Earned Value Management as a program management tool. It also compared perceptions in regard to using Earned Value Management during different stages of the software program life cycle.
| Author | : United States. Office of the Under Secretary of Defense (Acquisition Reform) |
| Publisher | : |
| Total Pages | : |
| Release | : 1996 |
| Genre | : Government purchasing |
| ISBN | : |
| Author | : |
| Publisher | : |
| Total Pages | : 96 |
| Release | : 2001 |
| Genre | : History |
| ISBN | : |
Issues for 2009- cataloged as a serial in LC.
| Author | : Project Management Institute |
| Publisher | : Project Management Institute |
| Total Pages | : 260 |
| Release | : 2020-04-13 |
| Genre | : Business & Economics |
| ISBN | : 1628256397 |
Earned value management (EVM) is a management methodology for integrating scope, schedule, and resources; objectively measuring project performance and progress; and forecasting project outcome. It is considered by many to be one of the most effective performance measurement and feedback tools for managing projects. The Standard for Earned Value Management builds on the concepts for EVM described in the Practice Standard for Earned Value Management and includes enhanced project delivery information, by integrating concepts and practices from the PMBOK® Guide – Sixth Edition and The Agile Practice Guide. A central theme in this standard is the recognition that the definition for value in EVM has expanded. While the term retains its traditional definition in terms of project cost, it embraces current practice by including the concept of earned schedule. This standard also integrates hybrid methodologies that blend together historical EVM concepts with the needs of the agile practitioner, all with an eye towards aiding the project team in enhancing overall project delivery. This standard is a useful tool for experienced project management practitioners who are seeking to expand and update their knowledge of the field as well as less experienced practitioners who want to learn other approaches for managing project performance. It provides insight and detailed explanations of the basic elements and processes of EVM, and demonstrates how to scale EVM to fit varying project sizes and situations. This standard includes graphical examples and detailed explanations that will enable the reader to establish and implement EVM on projects in almost any environment and of almost every size. When used together with good project management principles, EVM methodology will provide a greater return on any project and results that will directly benefit your organization.
| Author | : |
| Publisher | : Government Printing Office |
| Total Pages | : 76 |
| Release | : 2009 |
| Genre | : Business & Economics |
| ISBN | : 9780160840760 |
"This ninth edition of Introduction to Defense Acquisition Management includes revisions to the regulatory framework for Defense systems acquisition management from the December 2008 Department of Defense Instruction 5000.02 and includes policy for determining requirements for defense systems from the Chairman of the Joint Chiefs of Staff 3170 series, Joint Capabilities Integration and Development System. This publication is designed to be both an introduction to the world of defense systems acquisition management for the newcomer and a summary-level refresher for the practitioner who has been away from the business for a few years. It focuses on Department of Defense-wide management policies and procedures, not on the details of any specific defense system."--Publisher's website.
| Author | : United States. Congress. House. Committee on Armed Services. Panel on Defense Acquisition Reform |
| Publisher | : |
| Total Pages | : 90 |
| Release | : 2010 |
| Genre | : History |
| ISBN | : |
