Samos Advisors LLC has completed a successful 3^rd Party EVMS (Earned Value Management System) Self-Certification Assessment for C-HIT (Chenega Corporation – Information Technology & Services).

C-HIT is a software development and consulting company that delivers comprehensive solutions for healthcare clients. A key federal client is the Centers for Medicare and Medicaid Services (CMS). The company hired Samos Advisors to be able to serve additional U.S. government agencies and to expand its existing program management capabilities.

Samos Advisors conducted an independent assessment of the existing EVMS practice. C-HIT did not have an EVMS that has been determined by the Cognizant Federal Agency (CFA) to be compliant with the guidelines in Electronic Industries Alliance Standard 748 (EIA-748) as outlined in FAR clause 52.234-4 Earned Value Management System.

Basil Soutos, Samos Advisors’ CEO with over 35+ years of EVM system implementation experience, conducted a comprehensive review of C-HIT’s existing EVMS policies and processes. He also evaluated the implementation practices of two C-HIT contacts with an EVMS reporting requirement.

Samos Advisors used widely accepted NDIA (National Defense Industrial Association) guides and DoD EVMS Self-Certification practices to determine EVMS compliance. The thorough assessment involved C-HIT stakeholders such as corporate leadership, control account managers, financial and project controls staff members, to determine EVMS Self-Certification.

The review included:

• Determine if existing EVMS policies and processes are compliant with EIA-748 (Standard for EVMS) and/or client EVMS reporting requirements
• Conduct standardized interviews to evaluate team members’ EVMS implementation practices in accordance with corporate EVMS policies and/or procedures
• Assess if the corporate culture and project teams embrace the use of EVMS as an integrated project management process for managing scope, schedule, budget and risk
• Identify EVM system deficiencies and/or management process improvements
• Review and approve contractor Corrective Action Management Plan (CAMP)
• Issue 3^rd Party EVMS Self-Certification Acceptance Letter upon CAMP completion

For more information about how your company can benefit from a 3rd Party EVMS Self-Certification or implement a EVM system complaint practice, contact Basil Soutos, Samos Advisors, at 703-409-5941 or bsoutos@samosadvisors.com.

The International Cost Estimating and Analysis Association (ICEAA) has planned its first Online Workshop. The vent includes four half-days of general sessions, breakout sessions, and opportunities to connect with companies that provide the tools and services.

The event will be May 17-20. Registration is open.

ICEAA is a nonprofit organization that strives to promote and to enhance the profession of cost estimating and analysis with the primary goal of fostering the professional growth of our members in cost estimating, cost analysis, and allied fields. ICEAA is represented locally by more than 20 chapters nationwide and international affiliates in Australia, Canada, Japan and the United Kingdom.

Wishing you peace, love, and joy this holiday season and throughout 2021.

Samos Advisors’ dedicated team of professionals is marking eight years of success supporting DoD, DOE and HHS/CMS earned value management system projects. The team is using this milestone as an opportunity to appreciate their clients.

Samos Advisors provides EVMS solutions to a range of clients working on government contracts. Services include proposal management services, project management services, and earned value management services.

The company was founded to provide immediate return-on-investment (ROI) to clients with just in time solutions and long-term support that transforms the way companies capture and manage earned value management system projects.

Samos Advisors is a management consulting company dedicated to helping clients capture more business and execute more efficiently and effectively. Samos Advisors professionals combine technical expertise with business pragmatism in highly regulated markets. In the process, the team has become trusted advisors to the world’s top businesses, governments, and institutions.

“Our work force continues to deliver EVMS excellence in proposal development, schedule and cost baseline development, facilitate IBRs, EVMS training, readiness and conduct of EVMS Surveillance and Certification,” said Basil Soutos, founder and chief executive officer.

The Samos team includes industry recognized leaders with a broad diversity of educational and professional backgrounds—all bound by a shared passion for problem solving and a drive to have significant impact for clients. The multi-disciplined team has experience across sectors, industries, and agencies.

Support is also provided via a blog. Posts share key EVMS and project management skills and development opportunities.

In another contribution to the EVMS professional community, the company has developed an EVMS resources library intended to better educate professionals on EVMS. It includes key EVMS policy links to government agencies and industry.

Organizations that want to know more about how to partner with Samos Advisors to tap into a complete range of proposal and EVMS and project management services are invited to contact Samos Advisors today.