In: Statistics and Probability
What useful information does this Integrated Program Management Report (IPMR) extract provide an analyst about estimates at completion (EACs)? (IMAGE DESCRIPTION: An excerpt from Integrated Program Management Report (IPMR) Format 1 displays performance data for the following WBS elements: 1.1 Prime Vehicle; 1.1.1 Frame; 1.1.2 Suspension/Steering; 1.1.3 Power Package; and 1.1.3.1 Engine. Format. Data includes: current and cumulative to date BCWS, BCWP, ACWP, and cost and schedule variances. Format 1 also displays budgeted and estimated at completion values for each element, and the variance between the two values.) This portion of the IPMR shows the contractor management?s best case, worst case, and most likely case EACs. This portion of the IPMR shows the contractor?s original EAC by Work Breakdown Structure (WBS) element, but these estimates are not required to be updated to reflect the latest available information. This portion of the IPMR shows the contractors EAC, updated to reflect the latest information, by Work Breakdown Structure (WBS) element. This portion of the IPMR shows the worst case management EACs for the authorized contractual scope.
Solution:
The Integrated Program Management Report (IPMR) :
Tt is a contractually required report, prepared by the contractor, containing performance information derived from the contractor's internal Earned Value Management System (EVMS). It provides status of progress on the contract.
The IPMR is organized around seven organizations that contain the substance and connections required for the electronic entries.
Configuration 1: characterizes cost and timetable execution information by item arranged Work Breakdown Structure (WBS).
Configuration 2: characterizes cost and timetable execution information by the contractual worker's hierarchical structure (e.g., Functional or Integrated Product Team (IPT)).
Organization 3: characterizes changes to the Performance Measurement Baseline (PMB).
Configuration 4: characterizes staffing figures.
Configuration 5: is a story report used to give the required investigation of information contained in Formats 1-4 and 6.
Configuration 6: characterizes and contains the contractual worker's Integrated Master Schedule (IMS).
Configuration 7: characterizes the time-staged chronicled and conjecture cost accommodation.
The IPMR consolidates the CPR (DI-MGMT-81466) and the IMS (DI-MGMT-81650) into a solitary Data Item Description (DID), DI-MGMT-81861. This new DID was viable starting at July 1, 2012. Be that as it may, for those current contracts with discrete Contract Data Requirements Lists (CDRLs) for the CPR and the IMS, those two DIDs and their substance are still authoritatively appropriate. On contracts esteemed at or more prominent than $20 million however under $50 million, it is prescribed that IPMR detailing be fittingly custom fitted. Allude to the IPMR DID Implementation Guide for fitting direction.
The IPMR ought to dependably be cautiously custom-made to address the issues of every individual program and ought to reflect how the contractual worker is executing the seven organizations as a program management