FAA Acquisition Management System Guidance, Earned Value Management Guide – dated July 2016

This Guide provides specific implementation guidance to program managers and contracting officers regarding the application of EVM to FAA programs and contracts.  It also provides other FAA personnel with a further understanding of the application of the EVM concepts.

This Guide includes discussion of EVM implementation on FAA programs/contracts including basic features of an EVM System, EVM implementation, and pre and post-award activities. It references other related FAA EVM guides such as the IBR Guide, System Acceptance Guide, and Surveillance Guide as well as related NDIA Integrated Program Management Division (IPMD) guides.

Contractors are required to apply earned value management to development contracts over $50 million and use a certified/validated EVMS for reporting. For development contracts between $20 and $50 million, the contractor’s management control system must comply with the EIA-748 guidelines as tailored by the program manager, contracting officer, and EVM Focal Point, but a certification/validation of the EVMS is not required. The Integrated Program Management Report (IPMR) is used for high-risk, complex, large programs, when the government shares significant risk or when management interest requires assurance that contractor and subcontractor’s cost and schedule management control systems are adequate. All seven formats of the IPMR are required, with specific reporting levels and thresholds identified. The IPMR may also be tailored for less complex programs with lower risk where the contractor assumes a greater share of the risk. Normally formats 1, 3, 5, and 6 are considered a minimum set of documents when the IPMR is required.

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