Humphreys & Associates, Inc.

Unlock the Secrets to Project Success with IPMR/CFSR Training 🎯 Are you a project manager, cost analyst, or data professional working in complex project environments? Then you know how essential it is to keep reports accurate, ensure compliance, and drive results. But there’s often a missing link between data collection and actionable insights. The Humphreys & Associates IPMR/CFSR Completion & Reconciliation Training is here to bridge that gap! 🔹 Learn to navigate IPMR and CFSR reports like a pro 🔹 Identify critical reconciliation points that often go unnoticed 🔹 Strengthen project outcomes by aligning reporting with real-time project health This online course is tailored for professionals ready to enhance their project insights without spending weeks away from work. Gain expert guidance on the entire process—from initiation to reconciliation, empowering you to make data work for you. 👉 Ready to elevate your project management skills? Check out the course details here: https://lnkd.in/g5EZMWbQ P.S. Share this with a teammate who’s also ready to take their project skills to the next level! 📈

If you’re managing projects and want to gain deeper insights into cost management, understanding *price vs. usage variance* might just be the game-changer you need. 📈 In Earned Value Management (EVM), analyzing where costs deviate from expectations is crucial. But here’s the trick: *it's not just about the numbers—it’s about understanding WHY they change.* This blog post by Humphreys & Associates breaks down: 1. What price and usage variances reveal about project performance 2. How to apply this analysis for *better financial control* 3. And why tracking these variances can *save your project* from cost overruns Curious? Dive into the full breakdown here: https://lnkd.in/g_3rNk8c P.S. Save this one—it’s a valuable read for anyone serious about refining their project management skills. #ProjectManagement #EarnedValue #CostControl #Leadership

For anyone new to this powerful project scheduling tool, our 16-hour workshop is designed to get you hands-on experience in developing schedules—even for large, complex projects with Earned Value Management (EVM) requirements. Dec 9th to 12th 2024 What you’ll get: 👉 A complete walk-through of the scheduling process in Primavera, from basics to best practices 👉 Real-world examples to bring concepts to life 👉 Confidence in analyzing and managing both simple and complex schedules Workshop Highlights: 📅 Earn PDUs or CEUs: Complete this workshop to earn 14 PDUs or 1.4 CEUs 💸 Early Registration Discount: Register 30+ days in advance to save $136 (20% off) 👥 Corporate Discount: Send two or more colleagues and save $136 per person Requirements to Join: 🌐 Internet access 🖥️ P6 software (client-server or desktop version) Secure your spot by November 9, 2024, to grab the early bird discount! Ready to upgrade your project scheduling skills? https://lnkd.in/gY2bG5D2

We’ve just dropped a new blog post: “Including Level of Effort (LOE) in the Integrated Master Schedule (IMS)” 📋 If you’re working with an earned value management system (EVMS), you know LOE can be a tricky area. This post dives into: • Options for integrating LOE tasks into the IMS • Best practices, tips, and real-world guidance • How different government agencies like the DoD and DOE approach LOE in schedules Discover how to ensure cost/schedule integration and avoid critical path issues with LOE. Trust us—your next project (and maybe even your customer) will thank you. More in the blog—link below!

𝐌𝐚𝐬𝐭𝐞𝐫 𝐄𝐕𝐌𝐒 𝐎𝐧𝐥𝐢𝐧𝐞 𝐰𝐢𝐭𝐡 𝐂𝐀𝐌 𝐄𝐬𝐬𝐞𝐧𝐭𝐢𝐚𝐥𝐬 𝐟𝐨𝐫 𝐃𝐨𝐃 𝐏𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥𝐬 Are you managing projects within the Department of Defense (DoD) and looking to sharpen your Earned Value Management System (EVMS) skills? Look no further than CAM Essentials for DoD by Humphreys & Associates! 𝑊ℎ𝑦 𝐸𝑉𝑀𝑆 𝑀𝑎𝑠𝑡𝑒𝑟𝑦 𝑖𝑠 𝐶𝑟𝑖𝑡𝑖𝑐𝑎𝑙: Managing government contracts demands precision, compliance, and efficiency. With CAM Essentials for DoD, you’ll gain practical, actionable insights to handle the complexities of Earned Value Management (EVM) in DoD projects—helping you stay on track, within budget, and ahead of schedule. 𝗪𝗵𝗮𝘁 𝗬𝗼𝘂’𝗹𝗹 𝗟𝗲𝗮𝗿𝗻: • Key EVMS components • DoD compliance requirements • Proven strategies to interpret performance data • Practical tools to manage budgets and schedules Whether you’re a Control Account Manager (CAM), program manager, or project controller, this course is designed to boost your expertise. ̲𝐑̲𝐞̲𝐚̲𝐝̲𝐲̲ ̲𝐭̲𝐨̲ ̲𝐠̲𝐞̲𝐭̲ ̲𝐬̲𝐭̲𝐚̲𝐫̲𝐭̲𝐞̲𝐝̲?̲ Learn more and register here today! https://lnkd.in/gsufhtc8 P.S. Know someone who might benefit from this course? Feel free to share this with them!

𝐖𝐚𝐧𝐭 𝐚 𝐛𝐞𝐭𝐭𝐞𝐫 𝐡𝐚𝐧𝐝𝐥𝐞 𝐨𝐧 𝐩𝐫𝐨𝐣𝐞𝐜𝐭 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞? Here’s a method that might change the game: Using Estimated Actual Cost of Work Performed (ACWP). It’s a valuable approach in Earned Value Management (EVM) that helps you stay on top of cost control, especially when dealing with incomplete or uncertain data. 🚀 If you’re ready to refine your project management skills, check out this post from Humphreys & Associates: 𝘜𝘴𝘪𝘯𝘨 𝘌𝘴𝘵𝘪𝘮𝘢𝘵𝘦𝘥 𝘈𝘤𝘵𝘶𝘢𝘭 𝘊𝘰𝘴𝘵 𝘰𝘧 𝘞𝘰𝘳𝘬 𝘗𝘦𝘳𝘧𝘰𝘳𝘮𝘦𝘥 (𝘈𝘊𝘞𝘗) https://lnkd.in/g33mdiNv Bonus: This could be the tool that gets you closer to predicting project outcomes with more confidence! P.S. If you found this helpful, please share it with your network ♻️ Thanks in advance!

🚀 Unlock Advanced Earned Value Management Skills with Our 24-Hour Workshop! 🚀 https://lnkd.in/dvknp_Gw Are you experienced in Earned Value Management (EVM) but looking to take your expertise to the next level? Join us for the Advanced EVM Techniques Webinar from November 4-7, 2024 — a 24-hour immersive workshop designed for professionals ready to sharpen their skills and tackle complex project challenges. Here’s what you’ll gain: • Six Sigma problem-solving techniques • Risk & opportunity analysis using the latest tools • Hands-on team collaboration with what-if scenario development • Strategies for schedule acceleration and much more! Plus, every attendee will receive: 📘 Gary C. Humphreys’ Project Management and Earned Value textbook 📕 Pocket Guide to Project Management Using Earned Value Earn 21 PDUs, CPEs, or 2.1 CEUs and boost your career! 🔔 Don’t miss the Early Registration Discount! Save $199 when you register by October 5, 2024.

We're #hiring a new Earned Value Management Consultant in Washington DC-Baltimore Area. Apply today or share this post with your network.

How accurate are your project task estimates? (If you’re in project management, this one’s for you.) Accurate task duration estimates are key to avoiding project delays and cost overruns. But how do you get them right? 🤔 Our latest blog post breaks down Integrated Master Scheduling (IMS) and how it can drastically improve the precision of your project timelines. 👉 Read it here https://lnkd.in/gtwxwh5b Here’s what you’ll learn: • Common mistakes in task duration estimation. • How IMS ensures more reliable schedules. • Practical tips to enhance your current project estimation processes. If you’re looking to boost your project management game, this is a must-read. P.S. What’s your biggest challenge with task duration estimates? Let me know in the comments! ♻️ Feel free to share this with your network!

🔄 Blogpost Rewind: The New IPMDAR DID & Implementation Guide 🔄 https://lnkd.in/gZYxwdd 🚨 A Major Shift in Contract Performance Reporting 🚨 On March 12, 2020, the Defense Department introduced a game-changer: the Integrated Program Management Data and Analysis Report (IPMDAR) with the new Data Item Description (DID) DI-MGMT-81861B. This standard, set for solicitations and RFPs with EV reporting requirements, marks a significant departure from the old IPMR and CPR formats. What’s Changed? Gone are the days of physical reports (Formats 1-7). The IPMDAR now requires three specific electronic datasets: • Contract Performance Dataset (CPD) • Schedule Performance Dataset (SPD) • Performance Narrative Report These updates are designed to provide the Government with a clearer picture of current and future contract performance. Why It Matters: The IPMDAR isn’t just a minor update—it’s a fundamental shift in how contract performance is reported and analyzed. With reporting now focused on electronic data, contractors must adapt quickly to stay compliant. Need Help Implementing IPMDAR? The team at Humphreys & Associates is here to guide you through this transition. With the IPMDAR Implementation & Tailoring Guide issued in May 2020, we can ensure you’re fully prepared to meet the new requirements. 🔗 Missed it the first time? Catch up on the full details in our popular blog post: Read More ☎️ Contact us at (714) 685-1730 for expert assistance. #IPMDAR #DefenseContracts #ProjectManagement #EVM #ContractManagement #GovernmentContracting