ESI International Introduces Earned Value Management Courses; Training Provides Federal and Contract Personnel the Skills Required to Improve Accountability and Project Performance.ARLINGTON, Va. -- ESI (Edge Side Includes) A markup language for Web pages that enables elements of a Web page to be dynamically assembled in servers distributed throughout the Internet. International, the leading provider of performance improvement programs in project management, contract management and business analysis, today announced its new Earned Value Management Earned Value Management (commonly abbreviated and referred to just as EVM) is a project management technique that seeks to measure forward progress in an objective manner. EVM is touted as having a unique ability to combine measurements of technical performance (i.e. (EVM EVM Earned Value Management EVM Evaluation Module EVM Error Vector Magnitude EVM Electronic Voting Machine EVM Expert Group on Vitamins and Minerals EVM Economic Value Management EVM Extraneous Vegetable Matter EVM Extra-Value Meal EVM Electronic Voltmeter ) courses. ESI's EVM courses are designed to help acquisition and project management professionals develop the skills necessary to evaluate cost, scheduling and performance metrics Performance metrics are measures of an organizations activities and performance. Performance metrics should support a range of stakeholder needs from customers, shareholders to employees [1]. to support the value of their organization's major capital investment projects. For years, defense agencies have used earned-value methodologies to continuously assess project performance, cost and status - helping ensure programs are delivered on time, on budget and within scope. In response to the Office of Management and Budget's (OMB's) stated intention to more rigorously enforce EVM performance metrics, civilian agencies and government contractors A government contractor is a private company that produces goods or services under contract for the government. Often the terms of the contract specify cost plus – i.e., the contractor gets paid for its costs, plus a specified profit margin. have also begun implementation of EVM initiatives. OMB OMB abbr. Office of Management and Budget Noun 1. OMB - the executive agency that advises the President on the federal budget Office of Management and Budget requires all agencies in the federal government to use an "Earned Value Management System that meets ANSI/EIA Standard 748" (OMB Circular A-11, section 300). EVM processes, systems and software enable the continuous assessment of project performance and status - providing a methodology that can help agencies effectively measure project alignment with resources and goals by comparing status to original plans and end goals. EVM can help agencies get to "green" status on the President's Management Agenda The President's Management Agenda is an initiative, announced by U.S. President George W. Bush in 2001, to make the U.S. federal government more efficient and effective. In its drive to make government more "citizen-centered, market-based, and results-oriented," the agenda scorecard. To achieve and maintain this score, agency projects must stay within a 10 percent variance from the project's baseline. In August 2005, OMB issued a memorandum requiring agencies to utilize EVM Systems (EVMS EVMS Enterprise Volume Management System EVMS Eastern Virginia Medical School EVMS Earned Value Management System EVMS Earned Value Management Standard EVMS Embedded Voice Mail System EVMS Enterprise Vulnerability Management System ) on all new major IT projects. The memorandum required development of written policies outlining agency-specific plans for EVM implementation by December 31, 2005. Agencies must also evaluate exiting, cost, schedule and performance of ongoing IT projects and take any necessary corrective actions A corrective action is a change implemented to address a weakness identified in a management system. Normally corrective actions are instigated in response to a customer complaint, abnormal levels if internal nonconformity, nonconformities identified during an internal audit or by March 31, 2006, and before devoting any FY06 funds to associated projects. In support of this effort, OMB is working with the Federal Chief Information Officers (CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. ) Council to develop a model agency EVMS policy for IT projects. In order to meet the requirements of the OMB mandate, government contractors must first understand the technical specifications involved so they can then help guide their agency's compliance efforts. ESI's course offerings teach the technical nuances of the mandate as well as the contracting skills needed to meet the mandate requirements. ESI's EVM courses include instruction in fundamental EVM concepts and language; EVM project baseline formation; the challenges of ongoing assessments and reassessments of cost, schedule and performance changes; objective ways to evaluate and control projects and to provide accurate summary information to management; and more. These courses will help federal and contract personnel develop the skills to implement EVM programs, enabling the professional acquisition community to understand the principles of EVM, and accept increased accountability for major federal capital asset investments. The courses are open for enrollment now and can be delivered in ESI classrooms or on-site at government and commercial locations. "EVM is a reliable technique for improving project and program performance, but the development of EVM policy and subject matter expertise is a challenge," said John Elsey, president of ESI International. "With ESI's new EVM courses, executive managers, acquisition professionals and project teams can develop the skills needed to develop and apply a comprehensive EVM program. In complying with OMB's mandate, agencies can improve accountability and achieve higher project success rates. We're committed to working with managers and project teams to optimize optimize - optimisation resources and deliver capital investment projects on time, on budget and within scope - all results more easily achieved with the use of EVM." About ESI International Since 1981, ESI has been helping Fortune Global 1000 companies and nearly every major agency of the U.S. government build talent and drive results. ESI's services include public classroom training in more than 75 cities worldwide, on-site training, e-training and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. . With ESI's flexible approach to training, clients can create a unique, customized solution for their specific needs. To date, ESI Professional Development Programs have benefited 800,000 professionals from 100 countries. For more information on ESI's performance improvement programs, visit the company's Web site at www.esi-intl.com. |
|

Printer friendly
Cite/link
Email
Feedback
Reader Opinion