Earned Value Management Systems Acceptance Guide, Revision 4 – dated 27 January 2023
“The intent of this guide is to establish a process and provide guidance for the design, implementation, review, demonstration, and formal acceptance of an EVMS used to manage capital asset programs/projects. This guide defines an evaluation and acceptance process whereby an EVM system owner/user (government or industry) with a first-time or subsequent requirement to comply with the EVMS Guidelines can accomplish the following:
- Understand the need for and effectively design an EVMS;
- Evaluate the EVMS User’s capability to demonstrate compliance with the EVMS Guidelines;
- Successfully implement the EVMS on the requiring capital asset projects;
- Prepare processes and provide substantiating implementation documentation for evaluation and implementation;
- Obtain EVMS compliance recognition that will satisfy current and future requirements for an approved EVMS;
- Perform self evaluations to ensure readiness prior to a compliance evaluation review.”
Appendices in the guide include examples of documentation subject to review and an example of a compliance recognition document.
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