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EVM and Schedule Management

The objective of EVMS surveillance is to ensure that the management control processes that support the performance measurement baseline (PMB) are in place, compliant with the EVMS guidelines, are routinely being used, and provide timely and reliable data. The PMB is a triple constraint where the constraints are schedule, budget and scope. For Surveillance, NASA uses the DCMA EVM Compliance Metrics (DECM) Tests that are aligned with the EIA-748 EVM Standard. Guidelines 6 is Scheduling Work, and DECM has 23 Tests for evaluating if the IMS supports project goals in its planning, statusing and forecasting. This session will focus on the Test Metric that analyzes forecast start/finish dates riding the status date of the IMS for two or more consecutive months as an example of how surveillance works in concert with IMS health checks. It will cover how to run the test to recognize trends and how this test helps ensure that the forecast is credible in support of critical path analysis.

EVM

Earned Value Management (EVM) Implementation Handbook

The purpose of this handbook is to provide Earned Value Management (EVM) guidance for the effective application, implementation, and utilization of EVM on NASA programs, projects, major contracts and subcontracts in a consolidated reference document. EVM is a project management process that effectively integrates a project?s scope of work with schedule and cost elements for optimum project planning and control. The goal 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.

Planning Package