In designing implementing and improving the evms the objective should be to d9 what makes sense.
Earned value management system evms guidelines.
Be derived from the same earned value management system evms used by the contractor to manage the contract integrate subcontract evms data into prime contractor s evms 1 1 3 uniform guidance this document provides uniform guidance for.
And procedures which support how its system meets the intent of the 32 guidelines.
Iv system disapproval if initial evms validation is not successfully completed within the time frame approved by the contracting officer or if the contracting officer determines that the contractor s earned value management system contains one or more significant deficiencies in high risk guidelines in ansi eia 748 standards guidelines 1.
As prescribed in 34 203 c insert the following clause.
An evms that complies with the intent of the guidelines will facilitate inherent features of a good evms.
The eia 748 standard for earned value management systems evms section 2 provides a list of the 32 guidelines for use in establishing and applying an evms.
Earned value management system nov 2016 a the contractor shall use an earned value management system evms that has been determined by the cognizant federal agency cfa to be compliant with the guidelines in electronic industries alliance standard 748 eia 748 current version at the time of award to manage this contract.
The 32 evms guidelines incorporate best business practices for project management systems that have proven to provide.
But because many project professionals do not fully understand eva s purpose and benefits many managers often fail when attempting to apply eva to their projects.
This article explains the process of practicing eva by examining it within the larger frame of an earned.
The earned value management system standard surveillance instruction latest revision february 2012 defines the defense contract management agency standardized methodology to conduct contractor surveillance on evm systems this includes assessment of contractor processes and procedures to ensure the 32 eia 748 guidelines are being followed when contractually required.
Earned value management evm is a widely accepted industry best practice for program management used across the department of defense dod the federal overnment and the commercial sector.
Section 3 of the evms standard includes additional discussion on applyingearned value management practices using the 32 guidelines.