Project Management Information Improvement (PMI 2 ) PMI 2
Document Sample


Project Management Information
Improvement (PMI2)
PMI2 Core Messages
What is PMI2?
• PMI2 is the result of a study initiated by the IFM Program
Office Executive team to develop an implementation
approach and strategy for expanding Core Financial
functionality
• PMI2 is enhancing the Core Financial system to provide
better project management information to be used in
decision-making
• PMI2 is implementing the new FY06 NASA budget
structure as well as a technical work breakdown structure
(WBS) to support Earned Value Management (EVM)
• PMI2 is tasked with implementing a project management
toolset to provide planning, scheduling, EVM analysis,
and reporting capabilities
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Objectives
• PMI2 will enable better decision-making and improve
program management effectiveness by:
Aligning the technical and financial work breakdown structures
Implementing a single data management structure
• PMI2 will provide analysis and reporting tools to get the
right information to the right people at the right level
allowing them to make timely, informed decisions
• PMI2 will support EVM by implementing integrated tools
for planning and scheduling, data analysis, EVM
analysis, and management reporting
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Who Benefits?
PMI2 is intended to benefit the entire NASA Community.
The following are some of the potential benefits that have
been identified during the Blueprinting Phase:
• Agency
Meets the following Agency Business Drivers:
Provide timely, consistent and reliable information for management
decisions
Improve NASA’s accountability and enable Full Cost Management
Achieve efficiencies and operate effectively
Exchange information with customers and stakeholders
Attract and retain a world class workforce
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Who Benefits?
• Office of Chief Financial Officer
Improve NASA’s Budget Management process to increase financial
integrity
Meet GAO audit considerations for operational effectiveness, cost
management, and management reporting for project management
community
• Office of Chief Engineer
Provide NASA projects the capability to be Earned Value Management
(EVM) compliant
Improve compliance with Agency’s policy 7120.5c
• Program and Project Managers
Provide a consistent and standardized tool for project management
reporting and EVM analysis
Allow program and project managers to view detailed costs and
obligations associated with a project
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