Humphreys & Associates : - EVM Glossary Terms

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EVM Glossary Terms

Learn more about what Earned Value Management (EVM) terms and abbreviations mean.



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  • Agile


    Posted: 12/02/2019


    Agile Software Development

    A popular iterative development method, Agile software development was made popular by the Manifesto for Agile Software Development 2 published in 2001 by Kent Beck, Mike Beedle, Arie van Bennekum, Alistair Cockburn, Ward Cunningham, Martin Fowler, James ...


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  • Apportioned Effort


    Posted: 01/01/2012


    Apportioned effort is a method of planning and measuring the earned value for effort that is related in direct proportion to measured effort and is not readily measurable or broken into discrete work ...


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  • Authorized Unpriced Work (AUW)


    Posted: 01/01/2012


    Authorized Unpriced Work (AUW) is the effort for which definitized contract costs have not yet been negotiated, but for which the contractor has received written authorization from the Procuring Authority to proceed with the work.
     
    The contractor and/or the ...


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  • Contract Management Office (CMO)


    Posted: 01/01/2012


    The government Contract Management Office (CMO) typically has the responsibility of overseeing the contractor’s management and execution processes during the life of the contract.  This responsibility includes negotiating the terms and conditions of contracts, ensuring compliance with those ...


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  • Control Account Manager (CAM)


    Posted: 01/01/2012


    Control Account Manager (CAM). Is a single manager within the organizational structure who has been given the authority and responsibility to manage one or more control accounts.

    A control account is the lowest level in the Work ...


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  • Earned Value (EV)


    Posted: 01/01/2012


    Earned Value

    The term Earned Value is often used to describe both a management system and a data item produced from that system, the budget value for completed work (See Budgeted Cost ...


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  • Earned Value Consulting


    Posted: 04/07/2022


    Earned Value Consulting is a support service that an expert in Earned Value Management (EVM) provides to an organization to help them implement an Earned Value Management System (EVMS).


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  • EIA-748-C


    Posted: 01/01/2012


    The (EIA) 748 revision C was recently released. The EIA-748-C EVMS Standard contains a set of Read Now

  • EVM Abbreviations


    Posted: 01/02/2012


    EVMS Glossary of Terms: Reference list of common EVM acronyms and EVM abbreviations


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  • Integrated Master Schedule (IMS)


    Posted: 05/26/2022


    An integrated master schedule (IMS) is a single network of horizontally and vertically integrated activities consistent with all authorized work for a project.


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  • Integrated Program Management Data and Analysis Report (IPMDAR)


    Posted: 05/10/2022


    The Integrated Program Management Data and Analysis Report (IPMDAR) is a contractually required contract performance report for a government customer described in the Data Item Description (DID) DI-MGMT-81861C. The original DID, DI-MGMT-81861B, was issued in March 2020. The ...


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  • Level of Effort (LOE)


    Posted: 01/01/2012


    Level of effort (LOE) tasks consist of management or sustaining type activities that have no identifiable end products or an established relationship to other measurable effort. With LOE, the passage of time is the only measurement criteria; i.e., ...


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  • Management Reserve (MR)


    Posted: 01/01/2012


    Management Reserve (MR) is an amount of the contract budget set aside by the project manager at the beginning of a project. The sum of the Performance Measurement Baseline (PMB) and MR equals the Contract Budget Base (CBB). ...


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  • Project Controls Manager (PCM)


    Posted: 11/20/2017


    The Project Control Manager facilitates all EVM Project activities and provides the liaison between the project management team and the finance team. The manager works with the CAMs to manage day-to-day operations of the EVMS.

    Typically, this includes statusing ...


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