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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. Read More
Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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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
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

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
One Year Later at Deltek: More of the Same (And Then Some More) - Part II
Part I of this blog series explained Deltek’s ebullience despite a hostile and depressed environment. The continued cash-generating operation has been

evm  748-98A . Particularly, having the EVM capability is no longer optional when dealing with the abovementioned federal agencies. Impacts from failure to comply and missed schedules can be devastating. For example, how would you feel about losing EVM accreditation and having up to 10 percent of supplier payments withheld by the agency for failure to adequately implement and maintain a validated EVM system? Making matters even worse, the requirements from US agencies like Environmental Protection Agency Read More
One Year Later at Deltek: More of the Same (And Then Some More) - Part III
Part I of this blog series explained Deltek’s ebullience despite a hostile and depressed environment, and also analyzed the recent developments (and anticipated

evm  ,  the tool for EVM reporting and collaboration, which was released in late May, 2008 . The release included enhancements such as early warning indicators that provide a proactive view of project performance to avoid costly budget and schedule overruns. In addition, wInsight 6.4 added two new trip wire metrics for the United States (US) Office of Secretary of Defense (OSD) : the Baseline Execution Index (BEI) and the Critical Path Length Index (CPLI). These indices are used to measure and forecast 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

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 Organizatio
The unique business needs of project-oriented organizations, when addressed by large ERP vendors that offer general-purpose enterprise software, typically

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

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

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

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

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