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Information Technology: Agencies Need to Improve the Implementation nd Use of Earned Value Techniques to Help Manage Major System Acquisitions
David A. Powner (au)
In FY 2009, the federal government planned to spend about $71 billion on information technology (IT) investments. To more effectively manage such investments, in 2005 the Office of Management and Budget (OMB) directed agencies to implement earned value management (EVM). EVM is a project management approach that, if implemented appropriately, provides objective reports of project status, produces early warning signs of impending schedule delays and cost overruns, and provides unbiased estimates of anticipated costs at completion. This report assessed selected agencies' EVM policies, determined whether they are adequately using earned value techniques to manage key system acquisitions, and evaluated selected investments' earned value data to determine their cost and schedule performances. To do so, the report compared agency policies with best practices, performed case studies, and reviewed documentation from eight agencies and 16 major investments with the highest levels of IT development-related spending in FY 2009. Tables.
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