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 Here is the December issue of The EVM Newsletter.
Happy holidays and Happy New Years. Hope 2013 was good and 2014 will be even better. Wherever you live in the World this is a time for celebration and optimism for 2014. At the end of this year I will be leaving the CPM Governing Board. It has been my privilege and pleasure to serve on this board for 7-8 years of the past 10. Through this role I have worked with some really smart and great people. I learned a lot and hope that I provided good guidance to CPM. I wish the incoming board the best of luck as they guide the organization through the next few years. Consider volunteering for CPM or running for office in the 2015 elections. Want to serve sooner? See the notice below about a Board opening. By serving on the Board you will learn lots and what you take away in experience and new contacts and friends will surprise you. There is no shortage of good ideas. Let yours contribute to the discussion.
In this issue... A Tidbit on Apportioned Effort, a Return on Investment video, what to do if you DON'T see something you should see, handling cost and schedule reserves in ANSI 748 EVMS, cell phones on airliners, and Wilfred comments on life. "Help yourself, Help others." That was the title of LinkedIn discussion I recently posted. Until 13 January every purchase of our EVP Study Guide will result in $10 USD being sent to the American Red Cross for Philippine typhoon recovery.
You can help make the Newsletter interesting by contributing news about your activities in EVM, your company, product announcements, or your projects. Each month starts with a blank sheet, we don't make this stuff up! Send news to me at RayStratton@mgmt-technologies.com
Ray Stratton, PMP, EVP
Editor
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AACE recently announced the release of a recommended practice (RP) on Schedule and Cost Reserves
within the Framework of ANSI EIA-748.
They also announced an RP is out for public comment on Schedule Design - As Applied in Engineering, Procurement, and Construction until 24 January.
AACE Recommended Practices may be downloaded for free subject to some simple rules.
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Don't miss the next EVM Newsletter You can opt out at any time. Your e-mail address will not be shared with anyone. Send The EVM Newsletter to a friend.
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The CPM Governing Board announced a call for interested candidates to fulfill the unexpired term of the VP - Education & Certification board position as a result of a resignation. The selected candidate's term will be for 2 years. Your response should include a bio and goal statement. The CPM Governing Board will select a candidate from submissions received. Your application must be received by 7 Jan 2014.
Potential candidates must be members of CPM in good standing. For more information contact Gaile Argiro (Email: ExecAdmin@mycpm.org).
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"You don't know what to do with the rest of your life, but you know what you don't want to do."
Wilfred, FX Network
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This is true story and why allowing cell phone calls on airliners is a bad idea.
 I was onboard awaiting push back with a man sitting next to me on his cell phone. Apparently he wasworking with a proposal team back in the office. The proposal included a bill of materials. (Do you see this coming?) Of course if you have worked on proposals you know we do not call it a "bill of materials", it's just a "B.o.M". And so he's talking about the "BoM". Fortunately I was the only one who heard him and knew from the context that this was not about a bomb but about a BoM. Otherwise it could have caused an evacuation, missed flights, missed connections, and lots of paperwork. Would you want to hear this conversation at 39,000 feet? You will quickly end up parked in the most remote section of an airport you never thought you would visit. ^ Back to top ^ |
Tidbit #51 The Orphaned Apportioned Effort |
ANSI 748 breaks work into three basic categories. Discrete, Level of Effort (LOE), and Apportioned Effort (AE).
The first is our favorite since it allows EV (BCWP) to be estimated based upon the physical accomplishment of work that meets its expected quality standards. LOE is our least favorite since the EV reported is based on elapsed time, not scheduled and accomplished work. Any use of LOE drives the overall schedule performance toward an on-schedule condition, whether the real status is ahead or behind schedule. It's commonly used for project direct cost support efforts like QA, PM, or engineering support to manufacturing. (Support for indirect cost support is not in the WBS/OB or scope of the PMB other than as the budget and cost of overhead expenses.)
AE is the orphaned earned value technique (EVT) [or work in process (WIP) measure]. It is seldom used but should be used more often. It's applicable when the plan/progress of one task (WP or CA) is paced by the work of one or more other discrete efforts within the project. When work looks like it might be LOE, maybe it should be AE? At least with AE there is some real measure of progress when work is paced by other measured work.
One student in my EVM workshop, having learned of LOE and AE, asked why PM is often LOE. Shouldn't the EV for the PM be measured using apportioned effort since the schedule performance of all the other work is based on how well PM is done? So if the project is behind schedule so is the PM. Why should be PM look like its on schedule thanks to using LOE? Exactly.
Next month, some ideas on how to use AE on large projects.
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Management Technologies Products & Services
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Imagine an EVM lead on a project being able to communicate with the engineering team lead? Image a lead engineer understanding what the EVM lead is asking for? Communication across an abyss. How do you solve this?
Build bridges! That's exactly what Lockheed Martin Space Systems Company is doing according to Sondra Ewing. The engineers enjoy teaching basic systems engineering to the project planning and controls staff, and they also like learning about EVM. After all, EVM is about numbers, formulas, and graphs. Engineers should love it!
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Lockheed Martin has had their EVMS recertified by the Defense Contract Management Agency (DCMA). I'm sure that a lot of people worked hard to make this happen.
Do you work in an ANSI 748 compliant EVMS? Sometimes in the rush to get our projects planned, underway, and firefighting problems its easy to short-circuit or bypass the EVMS System Description processes. This exposes the certified EVMS to decertification! If you know how your EVMS is supposed to work you know what to look for in processes, forms, and approvals. To paraphrase the common "If You See Something, Say Something™" campaign.... "If You DON'T See Something, Say Something". Tell your EVM focal point before your EVMS is derailed.
If You See Something, Say Something is a trademark of the New York City's Metropolitan Transportation Authority.
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EVM Europe 2013
WHEN: 3-4 December 2013 (Changed)
WHERE: University of Ghent, Belgium
MORE INFO: tbd
Construction CPM Conference
WHEN: January 21-24 2014
WHERE: Swan & Dolphin Resort, Walt Disney World, FL
MORE INFO: www.constructioncpm.com
AACE International Annual Meeting WHEN: 15-18 June 2014
WHERE: New Orleans, LA, USA
MORE INFO: AACE
9th ICEC World Congress
WHEN: 20-22 October 2014
WHERE: Milano Italy
MORE INFO: TBD
PMI Global Congress 2014 - EMEA
WHEN: 5-7 May 2014
WHERE: Dubai, United Arab Emirates
MORE INFO: TBD
PMI Global Congress 2014 - North America
WHEN: 26-28 October 2014 WHERE: Phoenix, Arizona, USA MORE INFO: TBD
AACE International Conference WHEN: 12-13 November 2014 (Yes 2014) WHERE: Bangkok Thailand MORE INFO: AACE
PMO Symposium
WHEN:16-19 November 2014 WHERE: Miami, Florida, USA MORE INFO: TBD ^ Back to top ^ |
EVPrep Exam Prep Workshop (14 PDUs)
The workshop covers all the topics likely covered in the exam and provides exam-like questions
 and workshop discussion about each question and the possible answers. This workshop also includes an EVM analysis question to help prepare you for the three page written essay in Part II (was part IV). "Ray, your course is excellent preparation for the EVP Certification test. Your questions were comprehensive like the test and somewhat harder (more complex) than the real test. Your preparation course especially helped with the memo." Jeff Kottmyer NASA Do you have an EVP FAQ? Does our EVPrep workshop and/or EVP Study Guide really help with the EVP exam? Using these data and data from AACE regarding yearly totals of EVP exams taken and exams passed we did some statistical analysis. Yes, our EVPrep products are effective in increasing the likelihood of passing the EVP exam. Earned Value Experience (CAM) Workshop (14 PDUs)  You'll experience creating an earned value management baseline, determining earned value from project status,calculating earned value management indices, and estimating final cost and completion date. This workshop is perfect for team leads, control account managers, financial and schedule control staff,project and program managers, and chief project officers. Excel EzEVM™Templates may be retained by attendees to implement earned value management in their organization. |
The Measurable News for LinkedIn Group Members |
The fourth quarterly 2013 Measureable News is available to members of the LinkedIn "Earned Value Management" group. The Group is affiliated with the College of Performance Management (CPM). CPM offers many other benefits directly to the Group's members. If you are not a member of this group maybe you should be? There are at least eight or more EVM Groups on LinkedIn. Be sure to join the "Earned Value Management" group.
This issue includes articles on Applying Earned Value to Overcome Challenges in Oil and Gas Industry Surface Projects, PARCA: The Next Generation of Earned Value Management, Measuring Schedule Adherence, and Taking the Guessing out of When to Rebaseline.
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Return on Investment |
Sometimes the ROI on an investment is not economic. But in the end there is the value of good will. Priceless. (Five minute video)
 | Creating Goodwill |
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Copyright 2013, Management Technologies
The EVM Newsletter, EVPrep, The Earned Value Management Maturity Model, EVM3, EzEVM, The CAM^Exam, and The Earned Value Experience are trademarks of Management Technologies.
The Earned Value Professional, EVP, and the AEP logo are marks of the Association for the Advancement of Cost Engineering, International. (AACEŽ).
The PMP, PMBOK, PMI, and R.E.P. , and the Registered Education Provider logo are registered marks of the Project Management Institute, Inc.
EVM World is a registered trademark of the College of Performance Management, Inc.
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