3845 The Earned Value Evolution of the Plan to Perform
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Paper
Abstract
Earned Value Management (EVM) is a widely recognized project management technique for objectively measuring project performance by integrating scope, schedule, and cost. The Mass Properties Plan to Perform (PtP) is used in the total product lifecycle Program Development phase
for managing and communicating status empty, target, and not-to-exceed (NTE) weights. This paper explores the possibility of superimposing the EVM techniques onto the PtP process. And by leveraging the EVM vernacular, the author hopes to achieve the following results:
- PtP with ‘earned weights’ (status and NTE as compared to target weights)
- Improved Program, Chief Engineer, and Integrated Team communication (performance indices and variance analysis)
- Wider understanding within non-technical disciplines e.g. Business Management team, Global Supply Chain, etc. (conceptual commonality with established EVM and relationships)
While the concepts presented in the paper are practical, and loosely follow both EVM and PtP
methods, the application and examples provided are hypothetical.
