Search Results for: 2

Earned Value Management

Budgeted Cost of Work Scheduled (BCWS)

Leave a Comment / Tasks / By

Budgeted Cost of Work Scheduled (BCWS), also called the Planned Value (PV), is the sum of the budget for all work scheduled to be accomplished within a given time period. It also includes the cost of previous work completed and can address a specific period of performance or a date in time. Definition: Budgeted Cost […]

Earned Value Management

Budgeted Cost of Work Scheduled (BCWS) Read More »

Requirements Development

Capability Development Document (CDD)

Leave a Comment / Tasks / By

The Capability Development Document (CDD) specifies the operational requirements for the system that will deliver the capability that meets the operational performance criteria specified in the Initial Capabilities Document (ICD). It outlines militarily useful increments of capability with its own set of attributes and development performance values (i.e., thresholds and objectives) in terms of Key

Requirements Development

Capability Development Document (CDD) Read More »

Requirements Development

Capability Development Tracking and Management Tool (CDTM)

Leave a Comment / Tasks / By

The Capability Development Tracking and Management Tool (CDTM) is a web-based tool used by authors and reviewers of capabilities documents; Initial Capabilities Document (ICD), Capability Development Document (CDD), System Requirements Document (SRD), and Capability Production Document (CPD). The software presents a series of “wizard” screens that guide the user through capability document creation, step-by-step. CDTM

Requirements Development

Capability Development Tracking and Management Tool (CDTM) Read More »

Earned Value Management

Actual Cost of Work Performed (ACWP)

Leave a Comment / Tasks / By

Actual Cost of Work Performed (ACWP) is the cost incurred and recorded for work completed within a given time period. The ACWP is reported by the contractor’s accounting system in accordance with generally accepted accounting procedures and is simply stated actuals are actuals. ACWP also called Actual Cost. Definition: The realized cost incurred for the

Earned Value Management

Actual Cost of Work Performed (ACWP) Read More »

Earned Value Management

NDIA EIA 748 Earned Value Management

Leave a Comment / Tasks / By

The National Defense Industrial Association (NDIA) / Electronic Industries Alliance (EIA) standard EIA-748, Earned Value Management Systems (EVMS), is the standard for DoD Earned Value Management programs. The DoD formally adopted EIA-748 in August 1998 for application to Major Defense Acquisition Programs (MDAP). Note: Earned Value Management Surveillance is required for all contract efforts that

Earned Value Management

NDIA EIA 748 Earned Value Management Read More »

Requirements Development

Step 5: Verify & Validate Requirements

Leave a Comment / Tasks / By

In Step 5, “Verify & Validate Requirements,” each requirement must be verified and validated to ensure that they are the correct requirement. This ensures that the requirements meet the overall objective of the system and all stakeholder needs. Verification and Validation should be done continuously throughout the development of requirements at every level and as

Requirements Development

Step 5: Verify & Validate Requirements Read More »

Requirements Development

Step 6: Manage Requirements

Leave a Comment / Tasks / By

Requirements Development Process In Step 6 “Manage Requirements”, the requirements have been accepted and a baseline is established by the stakeholders. Any changes to the requirements are controlled using a Configuration Management (CM) process. Managing requirements is a continuous process and is conducted throughout a system’s life cycle and confirmed at each technical review. The

Requirements Development

Step 6: Manage Requirements Read More »

Earned Value Management

Contractor Performance Report (CPR)

Leave a Comment / Tasks / By

Note: The Integrated Program Management Report (IPMR) has replaced the Contractor Performance Report (CPR) for new contracts as of  July 1, 2012. The Contractor Performance Report (CPR) provides contract cost and schedule performance data that is used to identify problems early on an acquisition contract and forecast future contract performance in Earned Value Management (EVM).

Earned Value Management

Contractor Performance Report (CPR) Read More »

Requirements Development

Step 4: Analyze, Refine & Decompose Requirements

Leave a Comment / Tasks / By

Requirements Development Steps Step 4 “Analyze, Refine & Decompose Requirements” examines each requirement to see if it meets the characteristics of a good requirement. Each requirement is then decomposed into a more refined set of requirements that are allocated to sub-systems and documented in the Weapons System Specification (WSS). Newly derived requirements are expected to

Requirements Development

Step 4: Analyze, Refine & Decompose Requirements Read More »