Simplifying Single Point Adjustments (SPA) in Deltek Cobra

At Elixir Value Management Systems, Inc., we focus on helping clients meet government project requirements through efficient Earned Value Management (EVM). When your project’s baseline no longer reflects reality, it’s time to rebaseline. But how do you reset without losing control? Deltek Cobra’s Replan wizard is a powerful tool for streamlining adjustments and maintaining project control.

🔧 What is Rebaselining in EVM?
Rebaselining is the process of establishing a new Performance Measurement Baseline (PMB) to reflect updated project conditions when the current baseline no longer represents the reality of the work.

This occurs when significant changes to project scope, cost, schedule, or performance make the original baseline invalid or impractical for measuring progress. The rebaseline ensures that future performance can be accurately tracked and assessed against realistic goals.

It involves realigning the core EVM metrics:

🔹 Planned Value (PV): What’s planned to be accomplished.
🔹 Earned Value (EV): What’s actually accomplished.
🔹 Actual Cost (AC): What’s been spent.

A rebaseline provides a fresh, realistic benchmark to measure future project performance while maintaining control and compliance.

🔌 The Power of Single Point Adjustments (SPA)
Single Point Adjustments are targeted updates made during rebaselining to align the baseline without erasing performance history. Deltek Cobra’s Replan wizard streamlines this process by allowing "What-If" scenarios to evaluate the impact of changes prior to baseline change approval.

Here are two common SPA methods:

PV = EV: Clears schedule variance while keeping cost variances intact. This is ideal for projects where the schedule is behind, but cost performance remains accurate. By aligning the schedule to actual performance, the project can continue without altering cost data.

PV = EV = AC: Resets PV, EV, and AC to the same value, eliminating both cost and schedule variances. This method is best used when variances are too large to provide meaningful measurements, offering a clean slate to realign the project baseline to current realities.

Deltek Cobra ensures these adjustments are compliant, well-documented, and effectively planned to maintain the PMB’s integrity.

🔗 Why Deltek Cobra's Replan Wizard Matters
Deltek Cobra’s Replan wizard lets project managers explore "What-If" scenarios, ensuring that adjustments are deliberate and compliant with EIA-748 standards. It’s a valuable tool for regaining control in complex projects while maintaining stability and compliance.

🤝 Let’s Partner for Project Success
Ready to rebaseline your project? Contact Elixir Value Management Systems, Inc., and let us provide you with The Alchemy of EVMS Excellence.

📞 949-351-8896
📧 karlo.menoscal@elixirvms.com
🌐 www.elixirvms.com

#ProjectManagement #ProjectControls #Aerospace #Defense #EVMS