Earned Value Management Deadline Looms for U.S. IT Projects

The Office of Management and Budget (OMB) has given government agencies until December 31, 2005 to develop a a plan for implementing Earned Value Management (EVM) for all of its IT projects. The IT industry in general has been slow to adopt EVM, and this is especially true in government agencies.

To assist with this, the CIO Council released a framework earlier this month for organizations to use for implementing EVM.

As reported on Government Computer News, "The guidance comes after a recent report by EVM software developer Primavera Systems Inc. of Bala Cynwyd, Pa., found that many agencies will struggle to meet the upcoming milestone because many agency senior managers have not embraced the concept. "

I think that's true for many senior managers in general, not just in the government. With the deadline a day away, let's hope the template has been of assistance. Meanwhile, check out the information below about the CIO Council's framework for implementing EVM.

CIO Council releases guidance on EVM plans