OMB EVM Rules: Software Supports Capital Project Oversight ...

Software enables compliance with OMB earned value management EVM rules, which supports better oversight of capital projects ....

OMB EVM Rules: Software Supports Capital Project Oversight: Via xpdoffice - A Division of SSSI - Offering Web-Based Timesheet and Project Management Software

... "xpdient, Inc., a division of Scientific Systems and Software International (SSSI), announced the release of a new module of its successful xpdoffice solution to address new Earned Value Management (EVM) rules propagated by the federal government's Office of Management and Budget (OMB) via circular A-11, Part 7, titled Planning, Budgeting, Acquisition, and Management of Capital Assets. The release occurs as OMB officials are becoming increasingly persistent in urging agencies and agency contractors to adopt EVM oversight of major capital projects.

Becoming effective in the near future, rule changes to the Federal Acquisition Regulations will standardize EVM execution and use for all major federal government acquisitions, including information technology services. Widely used in commercial markets, earned value management is a standard way to measure a project's progress, forecast its completion date and final cost, and provide schedule and budget variances along the way. By integrating these capabilities, xpdoffice provides consistent indicators enabling project evaluation and comparison. " ...

xpdoffice is a web based Business Automation Software (BAS) solution that streamlines enterprise management and delivers improved project financial reporting. xpdoffice modules include HR, Contracts Administration, Time Management, Document Management, Knowledge Management, Purchase and Inventory, Project Management, and Expense Management.