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Earned Value Management |
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At SpiderDots, we develop and utilize product-based Work Breakdown Structures (WBS) that comply with GAO-09
-03SP (GAO Cost Estimating and Assessment Guide: Best Practices for Developing and Managing Capital Program Costs) as the basis for Earned Value Management (EVM). Our EVM approach helps our clients receive informative knowledge about the project team’s staffing levels and productivity, giving them valuable insight into areas of the project risk before problems occur. Weekly or monthly cumulative budget spend plan (burn rate) against actual costs and plan are tracked to provide clients top-level view of project financial performance. Project cost and schedule performance measurements are managed as integrated elements by providing our clients an accurate picture of spending and accomplishments related to a baseline plan. |
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