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Reducing the Complexity of Acquisitions with EVM and Cost Analysis


The value of EVM

  • Evaluating the importance of EVM and cost estimating 

  • Estimating the benefits of EVM and cost estimating 

  • Establishing a plan to implement advanced EVM and cost-estimating techniques 


Defining the Needs of the Program 


Assessing EVM readiness 


  • Evaluating advanced EVM Senior/Expert competencies 

  • Planning the resource needs for management 

  • Planning for an EVM program linked to risk 


Improving performance 


  • Eliminating defects with BPR methods 

  • Instituting EVM baseline reviews 

  • Conducting financial planning and execution reviews 


Incorporating GAO Cost-Estimating Best Practices


Analyzing the 12 critical steps 


  • Defining the purpose of the estimate 

  • Developing the plan and defining program characteristics 

  • Outlining ground rules and assumptions 

  • Developing a point estimate and comparing it to an 
independent cost estimate 



Gathering data 


  • Identifying ground rules and assumptions 

  • Conducting sensitivity, risk and uncertainty analyses 

  • Documenting the estimate 

  • Presenting the estimate for management approval 

  • Updating the estimate to reflect actual costs and changes 



Maximizing Program Results

  • Comparing methods of cost estimating
  • Discussing life cycle cost-estimating methods 


Advanced Earned Value
Management Principles


Adopting EVM policies and standards

  • Translating an EVM legal and regulatory framework

  • Recognizing and applying OMB policies
  • Reviewing and applying ANSI/EIA-748 standards
  • Understanding, assessing and evaluating EVM methodologies 


Implementing advanced EVM techniques

  • Applying EVM to integrate technical, schedule and cost performance
  • Creating program status reports for stakeholders
  • Interpreting graphic trend analysis 


Reviewing Financial Reporting and Oversight

Conducting data analysis

  • Evaluating the data selection
  • Collecting, processing, maintaining, transmitting and reporting data on financial events
  • Supporting financial planning and budgeting activities 


Improving complex reporting

  • Accumulating and reporting cost information

  • Reporting to senior management


Providing Guidance on Planning, Programming and Budgeting Systems

Effective EVM and cost estimates to guide planning, programming and budget systems processes

  • Appraising the program budget development process 

  • Critiquing allocation of funds within appropriations categories 


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Virtual Live12/11/2017 9:00:00 AM<span class="course-type type-v" style="cursor:default;word-wrap:normal;display:inline-block;" onmouseover="showHoverInfo(this, 'ProductTypeDescription' ,'VILT')" onmouseout="clearHoverInfo()">V</span>3 days2650.001805037
VA ALEXANDRIA12/11/2017 9:00:00 AM<span class="course-type type-c" style="cursor:default;word-wrap:normal;display:inline-block;" onmouseover="showHoverInfo(this, 'ProductTypeDescription' ,'ILT')" onmouseout="clearHoverInfo()">C</span>3 days2650.001803530
ON Ottawa12/11/2017 9:00:00 AM<span class="course-type type-cv" style="cursor:default;word-wrap:normal;display:inline-block;" onmouseover="showHoverInfo(this, 'ProductTypeDescription' ,'HVILT')" onmouseout="clearHoverInfo()">Cv</span>3 days2650.001834968
Virtual Live3/12/2018 9:00:00 AM<span class="course-type type-v" style="cursor:default;word-wrap:normal;display:inline-block;" onmouseover="showHoverInfo(this, 'ProductTypeDescription' ,'VILT')" onmouseout="clearHoverInfo()">V</span>3 days2650.001805040
VA ALEXANDRIA3/12/2018 9:00:00 AM<span class="course-type type-c" style="cursor:default;word-wrap:normal;display:inline-block;" onmouseover="showHoverInfo(this, 'ProductTypeDescription' ,'ILT')" onmouseout="clearHoverInfo()">C</span>3 days2650.001803534
VA ALEXANDRIA3/12/2018 9:00:00 AM<span class="course-type type-cv" style="cursor:default;word-wrap:normal;display:inline-block;" onmouseover="showHoverInfo(this, 'ProductTypeDescription' ,'HVILT')" onmouseout="clearHoverInfo()">Cv</span>3 days2650.001835016
VA ALEXANDRIA6/11/2018 9:00:00 AM<span class="course-type type-c" style="cursor:default;word-wrap:normal;display:inline-block;" onmouseover="showHoverInfo(this, 'ProductTypeDescription' ,'ILT')" onmouseout="clearHoverInfo()">C</span>3 days2650.001803529
Virtual Live6/11/2018 9:00:00 AM<span class="course-type type-v" style="cursor:default;word-wrap:normal;display:inline-block;" onmouseover="showHoverInfo(this, 'ProductTypeDescription' ,'VILT')" onmouseout="clearHoverInfo()">V</span>3 days2650.001805036
ON Toronto6/11/2018 9:00:00 AM<span class="course-type type-cv" style="cursor:default;word-wrap:normal;display:inline-block;" onmouseover="showHoverInfo(this, 'ProductTypeDescription' ,'HVILT')" onmouseout="clearHoverInfo()">Cv</span>3 days2650.001834997
Virtual Live9/10/2018 9:00:00 AM<span class="course-type type-v" style="cursor:default;word-wrap:normal;display:inline-block;" onmouseover="showHoverInfo(this, 'ProductTypeDescription' ,'VILT')" onmouseout="clearHoverInfo()">V</span>3 days2650.001805039
VA ALEXANDRIA9/10/2018 9:00:00 AM<span class="course-type type-c" style="cursor:default;word-wrap:normal;display:inline-block;" onmouseover="showHoverInfo(this, 'ProductTypeDescription' ,'ILT')" onmouseout="clearHoverInfo()">C</span>3 days2650.001803533
VA WINCHESTER9/10/2018 9:00:00 AM<span class="course-type type-cv" style="cursor:default;word-wrap:normal;display:inline-block;" onmouseover="showHoverInfo(this, 'ProductTypeDescription' ,'HVILT')" onmouseout="clearHoverInfo()">Cv</span>3 days2650.001834981
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