Earned Value: Government EVMS Progress, Targets Raised ...

OMB provides status update for agency progress against electronic government targets. Metrics show modest progress in adoption of earned value management system, EVMS. 2006 targets raise the bar to drive further adoption. ...

... "As of September 30, 2005, 28% of agencies have fully implemented EVMS (7 out of 25) and on average are achieving at least 90% of their cost, schedule, and performance goals. Another 52% of agencies are using some level of EVMS (13 out of 25) to track the cost and schedule status of their major investments and do not have cost overruns or schedule delays exceeding 30%. Those agencies are taking the appropriate actions, including developing comprehensive agency policies and incorporating requirements into contracts for using EVMS, to bring the management of all of their major IT development efforts into full compliance with the industry standard for EVMS. Together these two groups of agencies account for over 75% of Federal agencies being able to measure progress toward milestones in an independently verifiable basis, in terms of cost, capability of the investment to meet specified requirements, timeliness, and quality. The remaining six agencies have a plan of action and milestones to incorporate the use of earned value management into their Capital Planning and Investment Control Process.

For FY 06, the goal is for at least 50% of the agencies managing their IT portfolio in accordance with the standard and averaging 10% of cost, schedule and performance. " ...

Earned Value: Government EVMS Progress, Targets Raised: Via OMB: Expanding E-Government: Improved Service Delivery for the American People Using Information Technology ...