Most high-growth government contractors that are looking for a new project accounting and financial management solution want to know about the Dynamics-NAV earned value management capabilities. Government contractors on many new contracts are required to manage and measure their IT projects using an Earned Value Management System (EVMS), per guidelines of ANSI-748. ANSI-748 lists 32 requirements for an EVMS. Many new RFPs hitting the street are listing EVM as a requirement, which means program managers are now being required to provide regular and consistent reports, so that the contracting agency can justify program and project expense and work progress, objectively per these requirements. Government contractors who have deployed Microsoft Dynamics-NAV from PVBS for their ERP, project accounting and financial management also need it to interface with both master scheduling and earned value management systems to achieve full compliance. PVBS has teamed with a number of Microsoft’s top certified project management solution providers to provide end-to-end master scheduling and EVM solutions that bring together the cost, schedule and technical performance data to provide the EVM reports they need. Click here to learn more about how we support EVM requirements.
Microsoft spent $6.2 billion on research and development in fiscal 2005, and $7.8 billion the year before that, according to its SEC filings. That’s more than the 2007 yearly revenue of Starbucks, Starbucks in Fortune 500. We attended a Gold partner event a few weeks ago where Microsoft discussed its R&D. The technology initiatives they are developing are astounding. We believe our government contractor clients will reap the benefits of their investment for years to come as more and more integration is built into Dynamics-NAV and as new technologies become standard parts of the offering.