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Wednesday, November 16, 2005

OMB asks agencies to practice project management discipline

Earned value management (EVM) is an unfamiliar discipline to many federal project managers, but it won?t be a mystery much longer. Federals agencies have until Dec. 31 to create policies for using EVM to reduce the inherent risk in large information technology projects.

All federal agencies should be using EVM as businesses have been doing for years, said Tim Young, associate administrator for e-government and IT in the Office of Management and Budget. That office set the Dec. 31 deadline.

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