The implementation of an earned value management system was initiated to support two contracts requiring earned value. Earned Value Management (EVM) is a project management technique for measuring project progress in an objective manner. EVM has the unique ability to combine measurements of scope, schedule, and cost in a single integrated system.
"We did enough research internally to know that earned value is more than just a few simple calculations provided by some off the shelf software", states Jim Speer, IT Director of Nammo Talley, Inc. "Earned value is the culmination of project management disciplines and best practices. This management discipline called EVMS (Earned Value Management System) allows for quality output of project performance data. With the help of Tampa based 748 Inc, we were able to implement an earned value application with role based processes to support this system."
"As the Prime Contractor on a US Marine Corps development program, Nammo Talley was close to exceeding the threshold of $20 M that mandated the use of EVMS for this program", states Nicholas Duke, Program Manager. "Earned Value became a flow down requirement by the DOD due to this threshold and we needed a system and processes in place to support this requirement. 748 Inc trained us beyond a basic understanding of earned value, configured applications and provided custom process and application training. The end result of this work boosted the maturity of project management practices in our organization and lead to a very successful Integrated Baseline Review (IBR) with the Marine Corps."
"As a supplier to Boeing on their government development program, earned value management is required", states Rebecca Cote, Program Manager. "We needed to not only get a system in place quickly, but we also needed to understand how to support it throughout the organization. 748 Inc got us up to speed very quickly. They also assisted us in prepping for the IBR with Boeing. As a result, the IBR was a great success."
748 Inc provides professional consulting services to government contractors, engineering and construction, energy firms, transportation industries that are in need of project management and earned value management ANSI / EIA 748 compliance.
For information: www.748inc.com
Contact: 748mail@748inc.com
Phone: 813-314-2205
Contact:
Jim Speer
Nammo Talley, Inc.
4051 N. Higley Road
Mesa, AZ 85277
Phone 480-898-2351
http://www.nammotalley.com/
Tom Shanahan, PMP
748 INC
10150 Highland Manor Drive Ste 200
Tampa, FL 33610
Phone 813-314-2205
http://www.748inc.com
###
Add this page to your favorite Social Bookmarking websites
