At the beginning of February I attended the NDIA IPMD Winter 2019 meeting in Melbourne, FL. With many topics discussed, the EVMIG was one of much anticipation.
The Earned Value Management Implementation Guide, or "EVMIG", provides guidance for implementing an EVMS for DoD contracts. Published by the Office of the Undersecretary of Defense (OUSD), Acquisition & Sustainment (A&S), Acquisition Analytics & Policy (AAP) in January of this year, this guide is updated on a regular basis and serves as "the central EVM guidance document for DoD personnel." The DOD is not the only agency to recognize the value of voluntary consensus standards for EVM systems. The Department of Energy (DOE), National Aeronautics and Space Administration (NASA), General Services Administration (GSA) and other agencies have also established EVM minimum standards for their larger acquisition programs.
EVM is a management practice that ensures complete visibility into all aspects of a project/program, including scope, schedule and budget. It is used to find variances between planned work and actual performance for both cost and schedule. It is used to help mitigate risks and provide better forecasting - especially on large, complex programs.
Once implemented, the data produced by the EVMS must be timely, accurate, reliable, and auditable. The EVMS must also be implemented in a disciplined manner consistent with the 32 Guidelines as defined by EIA-748 (published by SAE International). The EVMIG builds upon the 32 Guidelines to define characteristics and objectives of a management and control system for organizing, planning, scheduling, budgeting, performance measurement, forecasting, analysis, and baseline change control.
A supplier has the opportunity to design a flexible management and control system by applying these guidelines in a manner that meets the organization’s needs. The EVMIG helps to ensure that the system designed follows best-practices and meets minimum requirements for compliance.
The EVMIG contains information on:
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