Conference Session

Systems Engineering Constituents Tech Session

Collection

2008 Annual Conference & Exposition

Authors

Steve Walter, Indiana University Purdue University, Fort Wayne (Eng)

Tagged Divisions

Systems Engineering Constituent Committee

EngineeringMethodologies for designing to cost (DTC) and treating cost as an independent variable (CAIV)have become standard techniques for achieving ambitious cost targets20,21. Including thesesystem level approaches in the curriculum provide students with tools for designing anddeveloping cost-sensitive products.Earned ValueThe earned value measurement system (EVMS) integrates project scope, schedule and resourcesto provide an objective measure of completed work, work in progress and scheduled work22.(Some of you may know EVMS as the DoD Cost Schedule Control Systems Criteria(C/SCSC)22.) EVMS is introduced as a technique to monitor and control cost during projectexecution. In the homework, students use their WBS to develop their own EV baseline. Thisexercise