Contracting with Earned Value Management (EVM) Requirements - dated September 13, 2022
This guide is intended to enhance the alignment between contract management and integrated program management practitioners, from pre-award through closeout of a contract that includes requirements for an Earned Value Management System (EVMS) or performance management requirements using Earned Value Management (EVM) best practices. The guidance is intended for Government and Industry practitioners, centered around best practices and Government regulations associated with program/project and contracts management. The guide aligns with the EIA-748 Standard for EVMS and the National Contract Management Association's (NCMA) Contract Management Standard (CMS), Third Edition.
The guide highlights and explains the unique requirements associated with contracts where the EIA-748 guidelines or EVM practices are applicable and may be imposed as a contract requirement. Throughout the guide there is an emphasis on:
- Program/project management and EVM best practices, including the EIA-748 guidelines, as well as associated expectations and regulations for a company's EVMS.
- The contractual execution and compliance related to the CMS Contract Life Cycle Phases 2.0 Pre-Award, 3.0 Contract Award, and 4.0 Post Award.
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