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EVM

Earned Value Management

Earned Value Management (EVM) is a project management methodology that integrates scope, schedule, and cost data to measure project performance. DoD requires EVM on contracts meeting certain thresholds, and contractors must comply with the 32 EIA-748 criteria.

Key Topics

32 EIA-748 criteria
Key EVM metrics (CPI, SPI, EAC, TCPI)
Integrated Baseline Reviews (IBR)
Variance analysis and reporting
Over Target Baseline (OTB) / Over Target Schedule (OTS)
Work Breakdown Structure (WBS)
Control account management
EVMS validation and surveillance

Sample Questions

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What are the 32 EIA-748 criteria for EVM systems?

How do I calculate CPI, SPI, and EAC?

What triggers an Integrated Baseline Review?

How should I conduct variance analysis for EVM reporting?

When is an Over Target Baseline appropriate?

What are DCMA's EVM surveillance requirements?

Key References

EIA-748
EVMS Standard - 32 Guidelines
DFARS 252.234-7002
Earned Value Management System
DCMA-INST 107
EVM Implementation
DI-MGMT-81466A
Contract Performance Report
DI-MGMT-81650
Integrated Program Management Report
FAR 34.2
Earned Value Management System

Related Domains

DCMA
DFARS
Modifications
FAR

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