Comparing the Predictive Capabilities of Level Three EVM Cost Data with Level Five EVM Cost Data

Abstract

Contract cost growth has been a concern for the Department of Defense (DoD) for decades. Earned value management is a tool used by the DoD to assist in identifying cost overruns before they occur. Current DoD regulations require contracts to report their earned value management (EVM) data down to level three of the work breakdown structure (WBS). Previous research has shown level three EVM data can predict contract cost growth earlier than using level one EVM data. Our research examines if level five EVM data would better predict cost growth than level three. Our results indicate that level five is not a better predictor of cost growth then level three. Our results do not support the DoD requiring contractors to provide level five EVM data.

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Document Details

Document Type
Technical Report
Publication Date
Mar 27, 2014
Accession Number
ADA601405

Entities

People

  • Joshua D. Johnson

Organizations

  • Air Force Institute of Technology

Tags

Communities of Interest

  • Air Platforms
  • Electronic Warfare
  • Ground and Sea Platforms
  • Weapons Technologies

DTIC Thesaurus Topics

  • Air Force
  • Aircrafts
  • Arleigh Burke Class
  • Contracts
  • Control Systems
  • Cooperative Engagement Capability
  • Cost Analysis
  • Databases
  • Department Of Defense
  • Governments
  • Navy
  • Short Takeoff Aircraft
  • Spreadsheet Software
  • United States Government
  • Unmanned Aerial Systems
  • Unmanned Aerial Vehicles
  • War Colleges

Readers

  • Life Cycle Cost Analysis
  • Manufacturing Engineering.