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Software Functionality Revealed in Detail
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 evm


An Earned Value Management (EVM) Success Story
Earned value management (EVM) is not a new concept, having its origins in United States government agencies during the 1960s as a way to ensure accountability

evm  But in this century, EVM has become standard required practice. Learn how to get certified in earned value management (EVM) and compete for government aerospace and defense contracts.

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

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Documents related to » evm

Federal Contract Management and Vendors' Readiness Part Two: Dealing With the Federal Government


Federal contracts can often be fraught with legal snares for the unseasoned providers.

evm  The primary difference between EVM and traditional budget versus actual' cost tracking systems is that the first one can quantify schedule and cost variances separately (e.g., cost variances can be compared directly against the planned cost of the work without distortions in cost variance data that production delays can cause). Also, the cost of an increment of work is identified when it is accomplished in terms of both cost and time schedule. Therefore, EVM's royal capability is early detection and Read More

Enterprise Management Software Vendor Welcomes Additions


Deltek recognizes that most organizations run their enterprises by using a sort of closed-loop, corrective action process. However, most product-based businesses still need solutions to replace manual workarounds, and Deltek has embarked on a mission to garner a one-stop-shopping portfolio.

evm  products, including the Cobra EVM and Open Plan PPM products, will continue to be developed, licensed, maintained, and supported by Deltek. While they will continue to be sold as standalone products (owing to interfaces with some enterprise resource planning (ERP) systems like SAP or former Baan [now SSA Global LN ]), these products will integrate important portfolio analysis, risk management, cost and earned value management, and project collaboration functionality with Deltek's enterprise management Read More

Deltek PPM and EVM Products


Deltek Cobra is a powerful earned value software solution that allows project driven businesses to control costs, measure earned value, and comply with mandated reporting requirements. Deltek Open Plan is an enterprise-wide project management system that offers the power and flexibility to complete large or multiple projects on time and on budget. WelcomHome provides browser-based access to live project and cost information, supporting timely decision-making to keep projects on time and within budget. WelcomRisk provides a structured means of identifying, responding to, and reporting project and organizational risks, helping companies and teams assure both project and business success. WelcomPortfolio provides a structured approach to evaluating, selecting, and prioritizing projects so that resources are invested in the projects that fit best with current business strategies.  

evm  PPM and EVM Products Deltek Cobra is a powerful earned value software solution that allows project driven businesses to control costs, measure earned value, and comply with mandated reporting requirements. Deltek Open Plan is an enterprise-wide project management system that offers the power and flexibility to complete large or multiple projects on time and on budget. WelcomHome provides browser-based access to live project and cost information, supporting timely decision-making to keep projects on Read More

Deltek's Second Bite at the IPO Cherry (Part II)


Well, a few months after Part I of this blog post was published, which focused on Deltek's pre-New Mountain Capital private equity investment era, the time has finally come for us to analyze why being again publicly traded should (or should not) work better for Deltek this time. If one is to judge merely by the most recent financial figures, it would appear to be working well, but my focus here is

evm  remains the leader in EVM analytics with an equally established product called wInsight . The company had about 500 clients, including virtually every A&D contractor and government agency, such as NASA, the United States (US) Department of Defense (DoD), Department of Homeland Security (DHS), Department of Energy (DoE) and Federal Aviation Administration (FAA). Deltek bought C/S Solutions because it is the standard for how these government agencies view earned value data. Last but not least, the AIM Read More

One Year Later at Deltek: More of the Same (And Then Some More) - Part I


Time and again during my decade or so of covering the enterprise applications market as an industry analyst I have witnessed what difference a year can make. And boy, would 2008 be such a year! A year ago or so, I concluded an in-depth four-part series on Deltek (NASDAQ: PROJ), whose executives were recently happy to tell me that 2008 was not that terrible a year for the company. Quite the

evm  by earned value management (EVM ) applications Deltek Cobra  and Deltek MPM (recently acquired from Planview ) should also be a big seller given the expected strong government spending. In this tight environment, the US government has increased the number of auditors looking into programs' performances making the EPM suite even more important in this day and age. On the professional services side, where Deltek Vision [ evaluate this product ] is the flagship solution, there is certainly some near-term w Read More

Smaller Vendors Can Still Provide Relevant Business Systems Part Three: Project Oriented Organizations


The unique business needs of project-oriented organizations, when addressed by large ERP vendors that offer general-purpose enterprise software, typically require heavy customization in order to work. On the other hand, when project-oriented organizations turn to small off-the-shelf project-management solutions, these solutions are soon outgrown by the user company.

evm  extract WBS data for EVM (and then not having real-time data), and the inability to look at costs to date on a specific project versus budget to date on that project. For those that are less project accounting astute, BCWP, ACWP, and budgeted cost of work scheduled (BCWS) are only some of the major project cost metrics. Still, with them, one can measure any project's performance. For example, comparing BCWS to BCWP provides schedule variance , while the relationship of BCWP to ACWP provides cost variance Read More

Deltek, We Hardly Knew Ye: New Deltek at Insight 2011


Deltek has been a software provider that does the job as promised (and more), but the company and its products, with its focus on government contracting, have never been associated with "cool" and "exciting." What a difference a year can make! Technology Evaluation Centers (TEC) Principal Analyst P.J. Jakovljevic reports on the changes Deltek has been making, and speaks with some top execs about its strategy.

evm   and earned value management (EVM). TEC: How has your competitive landscape changed? Deltek: Our competitive landscape remains very favorable and has not changed appreciably over the last four or five years. There is still no twin of Deltek around the world, and no consistent group of competitors that we see on a regular basis. We tend to win because we are unique. When we work with a prospect in the industries we serve and do a good job outlining our value proposition, our win rate is very high. When we Read More

How PPM Provides Direction in Uncertain Economic Times


Project portfolio management (PPM) is a process to obtain project management information of all resources, time, budget, and labor skills in order to align, manage, and review these elements--and to ensure deliverables are being met in terms of project milestones, in accordance with the work breakdown schedule. In a time of economic and business uncertainty, PPM may be the prescription to

evm  with Deltek PPM and EVM Products. Modules include portfolio analysis, risk management, planning and scheduling, project collaboration and complete earned value management (EVM). This modular, integrated suite provides selective information to project participants from CEOs to project managers to team members. Epicor Epicor for Service Enterprises is an comprehensive enterprise service automation (ESA) solution. It manages bid management, engagement delivery, and resource management, project accounting, Read More

Deltek's Second Bite at the IPO Cherry (Part I)


In the last decade or so of covering the enterprise applications market, I've witnessed so many products and vendors disappearing and reappearing under a different name, ownership, etc., but it is for the first time now, at the end of 2007 that I saw basically the same vendor go public for the second time (and in a 10 year timespan). Namely, Deltek (evaluate its flagship product), the leading

evm  the recently added critical EVM functionality). However, the Java 2 Enterprise Edition (J2EE)- based product suite aims to deliver the entire project lifecycle value by enabling businesses to 1) Win more business (via capabilities like client and contact management, opportunity forecasting and management, services estimating, and proposal automation), then 2) Execute (via capabilities like EVM, financial & project accounting, resource management, and project management), and finally 3) Improve Read More