1414: Earned Value Management

Question 1

What is a tool that allows both Government and contractor Program Managers to have visibility into technical, cost and schedule planning, performance, and progress.

Answer 1

Earned Value Management

Question 2

Earned Value Management is a widely accepted industry best practice for __________, used across DoD, the federal government, and the commercial sector, and objectively measures progress toward goals.

Answer 2

Project management

Question 3

Some of the Earned Value Management implementation activities include ____________, including EVMS requirements in the Request for Proposal (RFP) and evaluating contractor EVMS proposals, conducting an Integrated Baseline Review, and EVMS Certification.

Answer 3

determining if EVMS is required

Question 4

In addition to the Program Management Office (PMO), the DoD Offices responsible for Earned Value Management include what?

Answer 4

(1) Defense Contract Management Agency (DCMA), (2) Defense Contract Audit Agency (DCAA), (3) Component EVMS Focal Points, and (4) Contracting Management Office (CMO).