EVM

is a tool that allows both Government and contractor Program Managers (PMs) to have visibility into technical, cost, and schedule planning, performance, and progress on their contracts.

BCWP – ACWP

BCWP – BCWS

BCWP/ACWP

BCWP/BCWS

$50M

is an integrated management system; coordinates work scope, schedule, and budget goals, and objectively measures progress towards these goals.

is the only organization recognized by DoD to perform EVMS Validation.

is responsible for conducting audit reviews of the contractor’s accounting system policies, procedures, and activities.

is a contractually required report, prepared by the contractor, containing performance information derived from the internal EVMS.

has replaced the Contract Performance Report (CPR) and Integrated Master Schedule (IMS) contractual requirements

responsible for conducting audit reviews of the contractor’s accounting system policies, procedures, and activities.

the Contract Performance Report (CPR) is a contractually required report, prepared by the contractor, containing performance information derived from the internal EVMS.

has replaced the Contract Performance Report (CPR) and Integrated Master Schedule (IMS) contractual requirements

over or under budget the project is

ahead or behind schedule the project is

the contractor is performing the work based on the original planned budget.

is the comparison of actual performance against a baseline plan.

Define the work (WBS)
Schedule the work
Allocate budgets

for all work, planning, and summary level packages.

It establishes the scope, schedule, and budget targets for the program.

they represent the work assigned to one responsible organizational element on one program WBS.

defined scope, schedule, and budget.

0-100 Method: Once job is finished, value is earned (short duration)
50/50 Method: Earn 50% when start, earn 50% when completed
Value Milestone Method: Assign budgets to milestones and earn as each milestone is reached
Completed or Equivalent Unit Method: Count units being fabricated or completed operations that go into a unit
Planning Package (Rolling Wave): Lock in budgets prior to beginning work.

Occur at work package level, recording man-hours on time cards (or equivalent method).

Is a formal review conducted jointly between the Government and contractor
Assesses the validity of control account budgets, resources, and time phasing
Is mandatory for all EVMS contracts
Is a process, not an event
Ensures work package technical content consistent with contract SOW

System Surveillance
Program / Contract Surveillance

provide a framework to evaluate the adequacy of a contractor’s EVM system.

Organizing
Scheduling
Work/Budget Authorization
Accounting
Indirect Management
Managerial Analysis
Change Incorporation
Materiel Management
Sub-contract Management