Monday August 17, 2009 | NC Stimulus Money

August 14, 2009 at 12:22 pm | Posted in Coming Up | 3 Comments

It is estimated that North Carolina will receive over $6 Billion in economic stimulus funds. Governor Perdue has created a state level office to manage the money but there are many needs in the state and numerous suggestions on how to prioritize spending. Our panel of experts will explore the complicated proposals and policies regarding the stimulus money and whether it is being spent wisely.
Guests
Dempsey Benton – Director, NC Office of Economic Recovery and Investment
Ron KimbleDeputy City Manager of Charlotte
Perri Morgan – President, Capitol Monitor
Terrell Dorn – Director, Construction and Facilities Management Issues, U.S. Government Accountability Office

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  1. […] This post was Twitted by CharlotteTalks […]

  2. There is a proven method that NC can use to track “the stimulus money and whether it is being spent wisely”. It’s called Earned Value Management – a way of ensuring accountability for every dollar spent. I would encourage the office responsible for managing the stimulus budgets to pursue this method as a way of maintaining traceability and transparency. The traditional methods of simply tracking “obligations” and “outlays” are inadequate.

    • Glenn,

      I agree that earned value management(EVM) is a great way to track money used on capital projects, particularly when it is coupled with cost and schedule risk assessment. GAO’s best practices guide for capital program management is available online at no charge at http://www.gao.gov/new.items/d093sp.pdf . It includes extensive discussion on the use of EVM and was developed with the continued assistance of leading experts in the field.

      Terrell


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