Earned Value Management Surveillance is required for all contract efforts that require the implementation of an Earned Value Management System (EVMS) compliant with the guidelines in ANSI/EIA-748, regardless of whether a formal system validation is required. For the life of the contract, surveillance will be conducted on a recurring basis and should evaluate both the …
The Program Manager (PM) should use Defense Federal Acquisition Regulation Supplement (DFARS) clauses 252.234-7001 and 252.234-7002 to place the Earned Value Management (EVM) Solicitation requirement in solicitations and contracts. There is a single set of clauses for Earned Value Management System (EVMS) compliance and determination, and a different set for EVMS compliance. See the figure below. …
An Earned Value Management System (EVMS) can be defined as an integrated management system and its related sub-systems, which allow for: [1] planning all work scope for the program to completion assignment of authority and responsibility at the work performance level integration of the cost, schedule, and technical aspects of the work into a detailed …
Contracts Less than $20M The application of Earned Value Management (EVM) is not required on cost or incentive contracts or agreements valued at less than $20M. The decision to implement EVM on these contracts and agreements is a risk-based decision, at the discretion of the Program Manager (PM), based on a cost-benefit analysis that compares the …
Documentation of the Earn Value Management System (EVMS) should be established according to the standards of the company. Most companies develop an EVMS System Description as their top-level document. It is a good business practice to provide adequate policies and procedures to assure consistent application across a company. Additional guidance for companies is contained in …
A Business Case Analysis (BCA) is a persuasive and compelling argument advocating a course of action to achieve one or more business objectives. A well-constructed business case presents a definite point of view and should prove to the decision-maker that the recommended action is the best option. A BCA application of Earn Value Management (EVM) …
The Defense Contract Management Agency (DCMA) is DoD’s Executive Agent for EVMS. In its role as Executive Agent, DCMA has responsibility for EVMS compliance, validation, and surveillance. [1] Compliance with Validation (DFARS Subpart 234.2) An offeror that proposes to use an EVMS previously accepted by the Government may satisfy this requirement by citing the Advance Agreement …
The Advanced Agreement (AA) between the DoD Program Office and contractor specifies that the contractor maintains and uses the accepted EVMS as an integral management process on current as well as future contracts. The AA also documents the Government’s intent to minimize system reviews. The AA also documents a contractor’s corporate commitment to continue to …
The PARCA Earned Value Management Central Repository (EVM-CR) is a CR that helps to improve the quality, utility, and availability of the Earned Value Management (EVM) data for the purposes of establishing acquisition situational awareness. It’s a joint effort between Defense Cost and Resource Center (DCARC), and the Office of the Under Secretary of Defense (OUSD) (A&S), managed …
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DoD Acquisition and Sustainment (OSD/A&S) The office of the Undersecretary of Defense for Acquisition and Sustainment, Acquisition Resources and Analysis, Acquisition Management (OUSD/AT&L (ARA/AM)) oversees all EVM policy development within DoD. – See OSD Earned Value Website DoD Executive Agent Defense Contract Management Agency (DCMA) is designated as the DoD Executive Agent for …
