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Diane Publishing Books
Information Technology: Treasury Needs to Better Define and Implement Its Earned Value Management Policy
David A. Powner (au)
In 2009, the Dept. of Treasury plans to spend $3 billion on information tech. (IT) investments -- the third largest planned IT expenditure among civilian agencies. To more effectively manage such investments, the Office of Mgmt. and Budget required agencies to use earned value mgmt. (EVM). EVM is a project mgmt. approach that provides objective reports of project status, produces early warning signs of impending schedule delays and cost overruns, and provides unbiased estimates of a programís total costs. This report assesses whether the Dept. of Treasury and its key component agencies: (1) have the policies in place to effectively implement EVM; and (2) are adequately using EVM techniques to manage critical system investments. Illustrations.
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