GAO Identifies Need for EVM Improvement
November 7, 2009 @ Herding Cats from Glen B. Alleman
Bill Mathis on LinkedIn Earned Value Management and Paul Solomon both posted news of the GAO released a report on the need to improve the application of Earned Value to manage major acquisitions. Defense was the only agency with "all black," except for training.
From the introduction:
Given the size and significance of the government’s investment in IT, it is important that projects be managed effectively to ensure that public resources are wisely invested. Effectively managing projects entails, among other things, pulling together essential cost, schedule, and technical information in a meaningful, coherent fashion so that managers have an accurate view of the program’s development status. Without meaningful and coherent cost and schedule information, program managers can have a distorted view of a program’s status and risks.
Note that any solution to the "problem" of project management needs to "pull together cost, schedule, and technical (performance) information"
Try that with your email based, IM, twitter, Face Book, social networking PM 2.0 project management system on anything other than a toy project and see how fast you can get into the ditch.
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