Earned Value Management definition

Earned Value Management means the cost, sched-
Earned Value Management means an analysis of how much has been accomplished on a capital project to date compared to the project’s planned scope, schedule and cost. It includes a plan that identifies work to be accomplished, a valuation of planned work, and predefined earning rules that quantify how to measure the accomplishment of work;
Earned Value Management means the cost, performance, and schedule data used to deter- mine the status of a major automated informa- tion system program that has been developed in accordance ith the ANSI EIA–748–B Standard. ‘‘(3) INDEPENDENT GOVERNMENT COST ASSESS-

Examples of Earned Value Management in a sentence

  • When Earned Value Management (EVM) is determined to be applicable to an individual Order, the provisions and clause FAR 52.234-2, 52.234-3, 52.234-4 applies.

  • For information that cannot easily be categorized as technical data or business data (e.g., program schedules, Earned Value Management System reports, and program management reports), and is of sufficient detail to show a contractor’s confidential business practices, shall be identified before or as soon as practicable after contract award.

  • The contractor may be required to conduct training in Leadership, Contract/Task Order Management, Performance Based Acquisition, Preparing Government Estimates, Source Selection and Evaluation Procedures, Earned Value Management, and other areas of the acquisition process as required.

  • C.3.4.8 Provide Earned Value Management data analysis services for assigned programs and projects in accordance with ANSI / EIA-748.

  • The SI shall submit for review and approval by the Engineer (i) updates to the Master Program Schedule to reflect outstanding Work and the best time estimate for completing outstanding Work, and (ii) the reports specified in the Technical Specifications (including Earned Value Management reports) (each, an "MPS Update").

  • When Earned Value Management (EVM) is determined to be applicable to an individual Order, the provisions and clause FAR 52.234‐2, 52.234‐3, 52.234‐4 applies.

  • The offeror shall be responsible for ensuring that the selected subcontractors comply with the requirements of the Earned Value Management System clause of the contract.

  • Prior to such monthly meeting, the IPT shall provide a written report to the Program Manager covering cost, schedule and performance, including Earned Value Management, Key Performance Parameters and change control 4.

  • Seller shall submit and approve submissions by Friday, 9:00 PM EST in order to be processed in the weekly payment run and support Earned Value Management requirements.

  • The IMP and IMS should serve as the foundation for the Earned Value Management System (EVMS) to be used under this program.


More Definitions of Earned Value Management

Earned Value Management means the methodology that allows interested parties, including the government and performers, the visibility into cost, schedule, and technical progress of the work to be completed to measure and manage performance.
Earned Value Management means the cost, perform-
Earned Value Management means the cost, per-
Earned Value Management. Report is as defined in Clause 27.7 (Asset Provision Programme);
Earned Value Management means the cost, performance, and schedule data used to deter- mine project status and developed in accordance
Earned Value Management means the cost, performance, and schedule data used to deter- mine project status and developed in accordance with the ANSI EIA–748-B Standard.