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ANSI/EIA-748 Standard for Earned Value Management (EVM)
The PMPlan products, and in particular PMPlan Enterprise are fully capable products as they stand, however, because of the unique differences between clients needs, they are evolutionary products, and as a result are still a work-in-process. While AlNik Solutions makes every effort to adhere tightly to the principals of the ANSI/EIA-748 standard for earned value management (EVM), the standard does not dictate how an organization should implement the standard as it is applied to its processes and procedures, but it does dictate what the results of an organizations project enterprise processes and procedures must achieve.
PMPlan Enterprise can Meet the requirements of all of the 32 Criteria of the ANSI/EIA-748 Standard.
The 32 ANSI Criteria Ref NoPMPlan Standalone
Mode PMPlan Enterprise
ModeDefine the authorized work elements for the program (Work Breakdown Structure (WBS)) 2.1a Yes YesIdentify the program organizational structure (OBS) (Who is responsible for accomplishing the work) 2.1b Yes YesWBS and OBS Integration 2.1c No YesOverhead Control 2.1d Partial YesControl Account Plan Creation 2.1e Yes YesSchedule Work 2.2a Yes YesIdentify progress indicators 2.2b Yes YesTime-Phased Budget Baseline 2.2c Yes YesProject Budget 2.2d Yes YesWork Packages measurable units 2.2e Yes YesAuthorized Budgets 2.2f Yes YesLevel of Effort 2.2g Yes YesOverhead Budgets 2.2h No YesIdentify management reserves and undistributed budget 2.2i Yes YesProgram Target Cost Goal 2.2j Yes YesMeasure Direct Costs 2.3a Yes YesControl Account maps to only one WBS element 2.3b Yes YesControl Account maps to only one OBS element 2.3c No YesMeasure Indirect Costs 2.3d No YesProduction or Development Quantity Costs 2.3e Yes YesAccumulated and Material Costs 2.3f Yes YesMonthly generate Schedule and Cost Variances 2.4a Yes YesComprehensive Variance Analysis 2.4b No YesIndirect Cost Analysis 2.4c No YesWBS and OBS Variance Analysis 2.4d Yes YesCorrective Actions 2.4e No YesEstimate at Complete Reconciliation 2.4f Yes YesTimely Changes 2.5a Yes YesReconcile Budgets 2.5b Yes YesBaseline Integrity 2.5c Partial YesRebaseline Processes 2.5d Yes YesBaseline Traceability 2.5e Partial Yes
References:
[1] “Earned Value Management Systems”, EIA Standard, ANSI/EIA-748.
[2] Fleming, Quentin W. and Koppelman, Joel M. “Start With ‘Simple’ Earned Value On All Your Projects” CrossTalk The Journal of Defense Software Engineering, June 2006. (http://www.stsc.hill.af.mil/CrossTalk/2006/06/0606FlemingKoppelman.html).Notes:
{1} The list of 32 EVMS guidelines criteria noted in the ANSI 748 standard.
{2} Refer to the reference section in the ANSI 748 standard.
{3} These criteria (based on Fleming and Koppelman article) are the minimum requirements to make effective use of EVMS methods without using the full set required for large complex projects.
{4} PMPlan Standard only has base rate and rate factor which are not tracked separately.
{5} Each tool can store direct costs by manually inputting the costs from reports generated by the general books of account or import the costs from files generated by the general books of account.
{6} This process is controlled by stated policy.
{7} Only the previous baseline is maintained within the project file. To save multiply baselines requires saving renamed project files to keep a history of multiply baselines.
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