Terry Carlson, President, KTE Consulting, LLC
Terry Carlson is President of KTE Consulting, LLC in Manassas, Virginia. He advises clients on the application and interpretation of rules, regulations, guidelines, and cost accounting standards applicable to government contractors.
Prior to establishing KTE, Mr. Carlson spent 20 years as President of his own contract consulting firm, T.A. Carlson & Company, and three years as a director with an international consulting firm. He has also served as a manager in the Government Contractor Advisory Services department of an international accounting firm, as a staff finance consultant for a major defense contractor, and as an auditor with the Defense Contract Audit Agency. He has been a professor of financial management at the Defense Systems Management College, an assistant professor of accounting at Villanova University, and adjunct faculty member at the University of Maryland.
He is a frequent speaker on government contracting issues and has had articles on contract administration and risk management published in professional journals.
- Chief Financial Officers
- Director of Federal Contracts
- Compliance Officers
- Contract Administrators
- Directors of Business Development
- Contract Managers, Administrators, and Specialists
- Subcontract Managers and Analysts
- Marketing and Proposal Managers
- Small Business Executives
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Earned Value Management Systems: How to Ace an EVM System Implementation is a webinar sponsored by the Government Contracting Institute, the leading provider of government regulatory and contract opportunity information for federal contractors.
The U.S. government is placing increased reliance on the use of Earned Value Management Systems to assist them in managing contracts of all sizes. While originally conceived for large (over $50 million) cost reimbursement contracts, the government is now requiring the use of earned value on contracts of much smaller value.
With the 90-minute CD Rom, Earned Value Management Systems: How to Ace an EVM System Implementation, you will learn the importance of your proposal and organization structure during the critical first steps of the earned value process to help maximize the successful deployment your EVMS.
Our expert speaker, Terry Carlson, will cover such critical areas as:
The proposal
- Using the work breakdown structure to develop the estimating framework
- Creating effective and understandable “Basis of estimates”
- The importance of time phasing the proposal in terms of labor and material expenditures
- Documenting assumptions
Creating the performance measurement baseline
- The role of the integrated baseline review (IBR)
- Allocation of the budget
- Taking IBR results and creating the Performance Measurement Baseline
Determining earned value
- Methods for determining earned value
- The importance of ensuring the earned value for work performed and work scheduled is properly phased to avoid false variances
Importance of the accounting system
- Setting up project cost accounts
- Opening and closing cost accounts
- Reporting actual costs
Variances
- Identifying variances
- Variance analysis
- Reporting
At the conclusion of the session, you will understand:
- Why the proposal is such a critical part of the EVMS process.
- How to expedite the integrated baseline review.
- How to construct the performance measurement baseline.
- Why subject matter experts must clearly explain the basis of their estimates.
- How to analyze variances and develop actionable corrective action plans.
Order your very own copy of Earned Value Management Systems: How to Ace an EVM System Implementation webinar today—while supplies last.
3 Ways to Order
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