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Title: Gap Analysis: Application to Earned Value Analysis
Authors: Gary O. Langford
Raymond (Chip) Franck
Keywords: Earned Value
Value Analysis
Value Acquisition
Value Systems Engineering
Systems Engineering
Value Engineering
Issue Date: 1-Nov-2008
Publisher: Acquisition Research Program
Citation: Published--Unlimited Distribution
Series/Report no.: Earned Value Management (EVM)
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.
Description: Acquisition Management / NPS Faculty Research
Appears in Collections:Sponsored Acquisition Research & Technical Reports

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