Gap Analysis: Application to Earned Value Analysis

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Authors
Langford, Gary O.
Franck, Raymond (Chip)
Subjects
Earned Value Management (EVM)
Earned Value, Value Analysis, Value Acquisition, Value Systems Engineering, Systems Engineering, Value Engineering
Advisors
Date of Issue
2008-11-01
Date
01-Nov-08
Publisher
Language
Abstract
Earned Value is regarded as a useful tool to monitor commercial and defense system acquisitions. This paper applies the theoretical foundations and systematics of Gap Analysis to improve Earned Value Management. As currently implemented, Earned Value inaccurately provides a higher value for the work performed. This preliminary research indicates that Earned Value calculations can be corrected. Value Analysis, properly defined and enacted, clarifies management strategies to facilitate appropriate investment decisions.
Type
Technical Report
Description
Sponsored Report (for Acquisition Research Program)
Department
Acquisition Management
NPS Faculty
Identifiers
NPS Report Number
NPS-AM-08-143
Sponsors
Naval Postgraduate School Acquisition Research Program
Funder
Format
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
Rights