BARDA EVMS 7 Principles, Tiers

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BARDA EVMS 7 Principles, Tiers

BARDA EVMS 7 Principles, Tiers

BARDA uses a tailored approach to fit their unique environment. The focus is on the seven principles of an Earned Value Management System that are paraphrased from the introduction to the EIA-748 Standard for Earned Value Management. The seven principles are:

  1. Plan all work scope to completion.
  2. Break down the program work scope into finite pieces that can be assigned to a responsible person or organization for control of technical, schedule and cost objectives.
  3. Integrate program work scope, schedule, and cost objectives into a performance measurement baseline plan against which accomplishments can be measured.  Control changes to the baseline.
  4. Use actual costs incurred and recorded in accomplishing the work performed.
  5. Objectively assess accomplishments at the work performance level.
  6. Analyze significant variances from the plan, forecast impacts, and prepare an estimate at completion based on performance to date and work to be performed.
  7. Use earned value information in the company’s management processes.

BARDA has established three tiers for applying EVMS requirements based on type of acquisition, dollar value of the acquisition, and Technical Readiness Level (TRL). A Tier 1 designation requires a system that complies with the EIA-748 Standard for EVMS. A Tier 2 designation requires a system that applies the seven principles with specific deliverable artifacts. A Tier 3 designation requires a system that is consistent with the seven principles along with specific deliverable artifacts.

The current BARDA earned value management policy can be found at: http://www.phe.gov/about/amcg/contracts/Pages/evm.aspx.

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