Federal contractors are now required to perform earned value management in project-type contracts typically larger than $20 million. So what does this mean?

If your company wins a federal contract or subcontract requiring earned value management, you’ll have to provide your federal agency customer a whole new kind of visibility into the way that you plan and perform your work.

By taking on a federal contract requiring earned value management (EVM) you are committing that you will monthly provide a signed document containing a lot of high and low-level insight into your company’s contract performance. With your signature, you will be attesting to accurate statistical estimates of probable completion costs of all significant elements in the contract.

It’s your signature on that document. You need confidence that your company associates are able to accurately analyze and report cost and schedule data. And they have to do in a way that it conforms to the federal standard for earned value management systems (EVMS).

An EVMS requires competency and performance by an entire team of well-trained, technically-equipped EVM practitioners who just happen to be your company associates and subcontractors.

Each month you’re going to sign a monthly cost performance report (CPR). A CPR is as good as the quality of performance and the accuracy of data being provided by your entire team.

Pilgrim has a cost-effective, dynamic way to transform you, your associates and your subcontractors into a team of well-trained and technically-equipped EVM practitioners.

Not only do we want to prove to you that you can implement EVMS so that you can be eligible for those big federal contracts, we want to get you started right away at no cost.