NASA Earned Value Management System Description - dated November 2021

The NASA Earned Value Management (EVM) System Description provides guidance in NASA's Earned Value Management Capability for the effective application, implementation, and use of EVM on NASA programs, projects, major contracts and subcontracts. NASA's goal for implementing EVM is to achieve timely and accurate quantification of progress that will facilitate management by exception and enable early visibility into the nature and the magnitude of technical problems as well as the intended course and success of corrective actions. This system description contains detailed information on the implementation of EVM processes, procedures, roles and responsibilities.

NASA's EVM policy applies to contractors as well as to NASA projects (in-house activities). The NASA EVM System Description applies for contracts with industry and universities as well as for NASA intra-Agency agreements that meet EVM reporting thresholds.

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