Earned Value Management Systems Acceptance Guide, Revision 2 – dated September 2016

“The intent of this guide is to establish a process and provide guidance for the design, implementation, review, demonstration and formal acceptance of an EVMS used to manage capital asset programs/projects. This guide defines an evaluation and acceptance process whereby an EVM system owner/user (government or industry) with a first-time requirement to comply with the 32 Guidelines can accomplish the following:

• Understand the need for and effectively design an EVMS;
• Evaluate the EVMS User’s capability to demonstrate compliance with the 32 Guidelines;
• Successfully implement the EVMS on the requiring capital asset projects;
• Prepare and provide substantiating implementation documentation for evaluation and implementation;
• Obtain EVMS compliance recognition that will satisfy current and future requirements for an approved EVMS;
• Perform self evaluations to ensure readiness prior to a compliance evaluation review.”

This edition of the guide includes additional discussion on reciprocity agreements including a new appendix that provides an example of a reciprocity agreement between NASA and FAA.

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