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With the explosion of project oversight both in the private and government sectors, there's a deluge of information relating to earned value. But a few very fundamental questions remain: Can we do it? And in some organizations, why should we care; do we really need to do this at all?
In this podcast, Carl Pritchard examines the worth of earned value management systems (EVMS), addresses the infrastructure requirements to get an EVMS off the ground, and reveals the keys to keeping it successful.
- Find out four pieces that must be in place to insure your organization is truly ready for earned value.
- Learn the significance of earned value for your organization, even if you think you don't need it.
- Hear a certified EVP's perspective on the Earned Value Professional exam (EVP) offered by the Association for the Advancement of Cost Engineering.
- Explore the connections between good earned value practice and Sarbanes-Oxley (SOX) oversight legislation.
- Discover early adopters shortcuts to practicing "Earned Value Lite."
Carl Pritchard investigates these issues with three veterans in the field:
- Steve Edwards, President, Edwards Industries, www.edwards-ind.com
- Michel Vachon, Vice-president for Strategic Initiatives with L-3 Communications, www.l-3com.com
- Bruce Falk, President of the HCPhoenix Group, a seasoned project management trainer and earned value consultant
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Carl Pritchard, PMP
Principal and Founder, Pritchard Management Associates (PMA)
Carl Pritchard is the principal and founder of Pritchard Management Associates (PMA). He is a recognized lecturer, author, researcher, and instructor. A leading authority on risk management, Carl presents on a variety of management topics ranging from project essentials to the complexities of network diagramming and team motivation. He has published articles on project management maturity, international trends in PM, advances in risk management, and the nuances of training on the Internet. His work as an instructor has taken him around the world, training with some of the leading international training organizations, as well as for private clients and the Project Management Institute®. He has presented at each of the last 13 North American Project Management Institute Symposia and Congresses. He is the U.S. Correspondent for the U.K. project management journal, Project Manager Today.
Carl is a recognized figure in the project management community and is the author of multiple key readings in the field including:
- Risk Management: Concepts and Guidance, 3rd Edition (ESI International, 2005)
- The Project Management Communications Toolkit (Artech House, 2004)
- The Project Management Drill Book (ESI International, 2003)
- Precedence Diagramming: Successful Scheduling in the Team Environment (2nd Edition (ESI International, 2002)
- How to Build the Work Breakdown Structure (ESI International, 1999)
He has authored white papers in project management for the Cutter Consortium, including:
- Standardizing the Standards: Picking the Project Management Standards and Guidelines that Match the Culture and Strategy (Agile Project Management Series (Vol. 3, No. 1, 2006))
- Creating a Risk Culture in an IT Environment (Enterprise Risk Management and Governance Series (Vol. 2, No. 1, 2005))
He is also the co-producer of The Portable PMP® Prep (3rd Edition, 2006), with J. LeRoy Ward—a nine-CD compilation of discussions on how to pass the Project Management Professional® Examination offered by the Project Management Institute®. He serves on the board of directors for ProjectConnections.com and has served for several years as a judge for PMI's annual "Project of the Year" competition.
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