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| The Most Cost Effective Solution for EVMS Training... |
Federal Acquisition Regulation; FAR Case 2004-019, Earned Value
Management System (EVMS)
AGENCIES: Department of Defense (DoD), General Services Administration
(GSA), and National Aeronautics and Space Administration (NASA).
ACTION: Final rule.
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SUMMARY: The Civilian Agency Acquisition Council and the Defense
Acquisition Regulations Council (Councils) have agreed on a final rule
amending the Federal Acquisition Regulation (FAR) to implement earned
value management system (EVMS) policy. FAR coverage is necessary to
help standardize the use of EVMS across the Government. The final rule
specifically impacts contracting officers, program managers, and
offerors/contractors required to manage contracts by utilizing earned
value management systems for major acquisitions.
DATES: Effective Date: July 5, 2006.
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EVMS Links
The following Website Links are an excellent source of information for Contractor guidance on implementing a compliant EVMS:
- Department of Energy Earned Value Management Community of Practices - Created by the NDIA Program Management Systems Committee to promote a clearer understanding of the Standard. For each of the 32 guidelines, the Intent Guide provides: the value to management, an intent statement, typical attributes, and examples of objective evidence.
- NDIA Surveillance Guide - Contractors and the government are encouraged to use this guide for the implementation of EVMS in accordance with the American National Standards Institute/Electronic Industry Alliance (ANSI/EIA) 748, latest revision.
- NDIA Program Managers' Guide to the Integrated Baseline Review Process - A guide to conducting an effective Integrated Baseline Review for a clearer understanding of program risks.
- Earned Value Management Systems (EVMS) Guidelines, Mandatory Procedures, & Reporting - 32 guidelines for EVMS
- DOE EVM "Gold Card" - Handy 1-page reference with DOE Earned Value Management formulas and terminology
- Earned Value Management Terms - Definitions of terms and acronyms used in earned value.
- Office of Management and Budget (OMB) - OMB Circulars - At this site, find OMB Circular A-11, Part 3, "Planning, Budgeting, and Acquisition of Capital Assets," Appendix A to Part 3, "Principles of Budgeting for capital asset acquisitions," and Appendix C to Part 3, "Illustrative explanation of earned value concept and cost and schedule variances for capital assets."
- Defense Contract Management Agency DCMA - DCMA Guidelines Earned Value Management Compliance. The DCMA , as Department of Defense (DoD) Executive Agent for EVMS, has sole responsibility for reviewing EVMS plans and verifying initial and continuing contractor compliance with DoD EVMS criteria.
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