Performance and Analysis Cycle

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EVMS Implementation
Performance and Analysis Cycle

Performance and Analysis Cycle as Part of EVMS Implementation

Once the project baseline is established, it is important to establish a consistent and disciplined weekly or monthly performance measurement and analysis business rhythm. Typically the activities outlined below would be included in an implementation process. H&A consultants can provide assistance with:

  • Assessing how completed work is determined including any complementary back up documentation
  • Capturing current status including schedule progress and calculating earned value
  • Establishing the process and system interfaces to capture actual costs and estimated actual costs
  • Establishing the process to capture subcontractor performance and actual cost data
  • Developing the estimates to complete (the remaining work) and estimates at complete (actual to date plus estimates to complete)
  • Incorporating approved changes into the schedule and cost baseline
  • Producing internal schedule and cost performance analysis reports and metrics
  • Producing formal customer reports including the IMS and Contract Performance Report (CPR) formats
  • Auditing and reconciling the CPR data
  • Preparing variance analysis reports (VARs)

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