History,practices, and future of earned value management in government: Perspectives from NASA |
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Authors: | Young Hoon Kwak Frank T. Anbari |
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Affiliation: | 1. Department of Decision Sciences, School of Business, The George Washington University, Washington, DC, USA;2. Goodwin College of Professional Studies, Drexel University, Philadelphia, PA, USA |
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Abstract: | The goal of this research is to explore the history, practices, and future of the earned value management (EVM) method in government, and seek opportunities and suggestions for wider implementation of EVM for managing, measuring, and controlling project performance and progress. First, this study reviews the historical background and evolution of EVM implementation in government. Then, current practices for implementing EVM are discussed through examination of EVM adoption and implementation at NASA. The research shows that NASA receives substantial project management value from its implementation of EVM, promotes consistent practices across the agency, and provides effective training on leadership, scheduling, EVM, and data analysis. This study also provides recommendations to improve and broaden the applications of current EVM and project management practices to other government programs and projects. Findings of this research contribute to the management of performance of future projects and programs and encourage the project management community to review and advance the application of EVM. |
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Keywords: | earned value management government NASA performance measurement lessons learned |
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