Deltek Earned Value Management Guide
In early July, the Federal Acquisition Regulation was officially modified to include new Earned Value Management Requirements. These new regulations affect all bids for government contracts that will be awarded after October 1, 2006.
These new Federal requirements establish government award contract thresholds above which government contractors must implement an Earned Value Management strategy or solution in order to be considered for the award. The bottom line: No EVM solution could mean no contract.
To assure your continued success, it’s essential that you understand Earned Value Management and these new regulatory requirements. To help you quickly get the knowledge you need, Deltek has created a free Deltek EVM Guide. The EVM Guide includes a wealth of valuable information on Earned Value, Earned Value Management and Earned Value Management Solutions.
| Federal Agency | EVM Threshold | Comment |
|---|---|---|
| DoD | $20Million+ | EVM required |
| DoD | $50Million + | EVM implementation and process must be validated |
| EPA | $5Million+ | EVM required |
| DoE | $5Million+ | EVM required |
| NASA | $20Million+ | EVM required |
| GSA | $20Million+ | EVM required |
| FAA | Variable | Based on program manager’s risk assessment |
“No EVM solution could mean no contract!”
Deltek Earned Value Management Guide Contents:- Valuable EVM white papers
- "What is the Health of my Project? The Use and Benefits of Earned Value"
- "How Deltek Cobra Helps Satisfy the Requirements of the ANSI/EIA-748 Standard on EVMS"
- "What is EVMS?”
- Important Government and third party documents
- The National Defense Industrial Association (NDIA) ANSI EIA 748 Intent Guide
- FAR ruling on EVM
- The latest EVM news
- Best Practices – How Top Government Contractors are succeeding with EVM
- A set of brief industry profiles and strategies