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Earned Value Management Systems Application Guide, Revision 2

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Earned Value Management Systems Application Guide, Revision 2

Earned Value Management Systems Application Guide, Revision 2 – dated January 2015

“The purpose of this guide is to provide an overview of how EVM can be incorporated into the acquisition life cycle for any organization that intends to implement the EIA-748 Standard for Earned Value Management Systems (EIA-748).

The guide elaborates on the performance-based management requirements defined by the Office of Management and Budget (OMB) in OMB Circular A-11, Part 7, Planning, Budgeting, Acquisition and Management of Capital Assets. This guide provides the context for the application of EVM within a notional Federal Government agency acquisition life cycle.

The guide also provides an overview of the NDIA Integrated Program Management Division (IPMD) guides that complement the EIA-748 Standard. The NDIA guides are intended to define and explain the EIA-748 32 guidelines in sufficient detail to allow an organization to implement an effective EVMS. The NDIA guides should not be interpreted as adding requirements that must be met.

This guide assists in:

  • Applying EVM throughout the acquisition life cycle including EVM application planning, contracting for EVM, implementation and use of EVM, and EVMS review and acceptance. The EVMS review and acceptance process allows multiple government agencies to accept an EVMS (cross-agency acceptance or reciprocity) without imposing unnecessary duplication of acceptance reviews.
  • Planning for a risk-based EVM application on a program by incorporating systems engineering, cost estimating, risk management and contracting activities to develop and manage the cost, schedule, and performance goals and objectives on that program.
  • Organizing to facilitate EVM governance and systems compliance.
  • Measuring performance progress and managing change.”

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