🇦🇺Australia

Cost Overrun from EVMS Non-Compliance

2 verified sources

Definition

Australian Defence requires tailored EVM implementation for medium/high-risk contracts to trace cost/schedule impacts, with project managers responsible for assurance; failures result in unmitigated overruns[1][2].

Key Findings

  • Financial Impact: AUD 1m+ overruns per $20m+ contract (industry standard 5-10% variance loss)
  • Frequency: Per qualifying contract (>AUD 20m)
  • Root Cause: Lack of validated EVMS leading to poor visibility on work package variances

Why This Matters

The Pitch: Defence contractors in Australia waste 5-10% of project budgets on overruns due to poor EVMS reporting. Automation of EVMS compliance eliminates undetected losses.

Affected Stakeholders

Project Managers, Contractors, CASG Officers

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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