Term
| Earned Value Management is a management technique that integrates r_________ p________ with t_______ p_________ and s________. |
|
Definition
resource planning
technical performance
schedules |
|
|
Term
| ______ _______ uses objective measures to determine the value of the work completed and to project trends. |
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Definition
|
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Term
| What 3 public laws control EVM? |
|
Definition
GPRA
FASA V
ITMRA/Clinger-Cohen |
|
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Term
|
Definition
| Government Performance & Results Act |
|
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Term
|
Definition
| Federal Acquisition Streamlining Act of 1994 - Title V |
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Term
|
Definition
| Information Technology Management Reform Act of 1996 (aka Clinger-Cohen Act) |
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Term
The purpose of EVM are:
1. Establish p______ s_______ for Federal budget.
2. Report c____, s______, and p______ g_____ and evaluate progress.
3. Report performance i______ s_______ acquisition. |
|
Definition
1. Performance Standards
2. cost, schedule, performance goals
3. information systems |
|
|
Term
| EVM guidelines evolved out of what? |
|
Definition
|
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Term
| EVM is a tool that allows both Government and contractor Program Managers to have v______ into technical, cost, and schedule planning, performance, and progress on their c______. |
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Definition
|
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Term
| The visibility offered by EVM provides insight into c_______ p_______ and the estimated p_______ c_______ p_______ on technical, schedule, and cost. |
|
Definition
contract performance
probable completion positions |
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Term
| ___ is a recognized function of ______ ______, as it ensures that cost, schedule, and technical aspects of the contract are truly _______. |
|
Definition
EVM
program management
integrated |
|
|
Term
| Who developed the Earned Value Management System Guidelines and how many are there? |
|
Definition
The American National Standards Institute/Electronic Industries Alliance (ANSI/EIA)
32 Guidelines |
|
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Term
|
Definition
| Earned Value Management Guidelines |
|
|
Term
|
Definition
| Cost/Schedule Control System Criteria |
|
|
Term
| (T/F) EVMS Guidelines are narrow enough to allow for detailed analysis. |
|
Definition
False
EVMS Guidelines are broad enough to allow for common sense application. |
|
|
Term
(T/F)
EVMS Guidelines provide thorough planning of all program work scope to completion. |
|
Definition
|
|
Term
(T/F)
EVMS Guidelines integrate work scope, schedule, and cost objectives. |
|
Definition
|
|
Term
(T/F)
EVMS Guidelines guarantee that the program is delivered on schedule. |
|
Definition
|
|
Term
(T/F)
EVMS Guidelines provide early identification of problems and risk mitigation actions. |
|
Definition
|
|
Term
(T/F)
EVMS Guidelines ensure the final contract costs will equal the original cost estimate. |
|
Definition
|
|
Term
(T/F)
EVMS Guidelines provide visibility into subcontractor performance. |
|
Definition
|
|
Term
EVM is primarily a tool for the
a. Contracting Officer
b. Program Manager
c. Business Financial Manager
d. Cost Estimator
e. All of the above |
|
Definition
|
|
Term
What types of contracts are required to comply with the following EVM Guidelines?
Formal EVM system validation
Contract Performance Report
Integrated Master Schedule
Integrated Baseline Reviews
Ongoing Surveillance |
|
Definition
|
|
Term
(T/F)
Contracts under $50M do not require formal validation of their EVM system. |
|
Definition
|
|
Term
(T/F)
Any contract over $15M requires and Integrated Master Schedule and ongoing surveillance. |
|
Definition
|
|
Term
(T/F)
EVM is required for all contracts. |
|
Definition
False
Not required under $20M, it's a risk-based decision |
|
|
Term
| What is required on contracts under $20M in lieu of EVM? |
|
Definition
| Cost-benefit analysis is required |
|
|
Term
What are the 9 categories for the 32 EVMS Guidelines?
O2SACI2MWba |
|
Definition
Organizing
Scheduling
Subcontract Management
Accounting
Change Incorporation
Indirect Management
Managerial Analysis
Materiel Management
Work/Budget Authorization |
|
|
Term
EVMS 9 Categories
Defining work & assigning tasks |
|
Definition
|
|
Term
EVMS 9 Categories
Evaluating deviations from plan using progress indicators |
|
Definition
|
|
Term
EVMS 9 Categories
PMB and controlling undistributed budgets |
|
Definition
| Work/Budget Authorization |
|
|
Term
EVMS 9 Categories
Summarize costs by OBS, WBS, and Unit/Lot |
|
Definition
|
|
Term
EVMS 9 Categories
Assigning managerial responsibility for costs |
|
Definition
|
|
Term
EVMS 9 Categories
Analyzing cost and schedule variances at the control account level |
|
Definition
|
|
Term
EVMS 9 Categories
Important for providing traceability to previous budgets |
|
Definition
|
|
Term
EVMS 9 Categories
Establishing budgets for materiel items |
|
Definition
|
|
Term
EVMS 9 Categories
Ensuring that ALL work complies with industry standards or appropriate requirements |
|
Definition
|
|
Term
|
Definition
| Performance Management Baseline |
|
|
Term
|
Definition
| With the formulation of the Acquisition Strategy |
|
|
Term
| EVM is an essential element of pre-_____ and post-______ contract management. |
|
Definition
|
|
Term
| Where would you look for guidance regarding procedures for instituting and monitoring an EVMS? |
|
Definition
| Part II of the Earned Value Management Implementation Gide (EVMIG) |
|
|
Term
|
Definition
| Earned Value Management Implementation Guide |
|
|
Term
| What five DoD organizations are responsible for EVM? |
|
Definition
DoD Executive Agent
EVMS Focal Points
Procuring Activity (Program Management Office)
Contract Management Office
Contract Auditor |
|
|
Term
|
Definition
| Defense Contract Management Agency |
|
|
Term
| What is the role of the DoD EVM Executive Agent? |
|
Definition
| Ensuring the integrity and implementation of EVM |
|
|
Term
| Who is the DoD Executive Agent? |
|
Definition
|
|
Term
| What is the responsibility of each Service EVMS Focal Point? |
|
Definition
|
|
Term
| This office is responsible for procuring activity and the correct Integrated Master Schedule for its contracts. |
|
Definition
| The Program Management Office |
|
|
Term
| Who administers contractual activities in support of the PMO and can withdraw acceptance of a contractor's EVMS? |
|
Definition
| The Administrative Contracting Officer who is part of the DCMA |
|
|
Term
|
Definition
| Defense Contract Audit Agency |
|
|
Term
| Who conducts surveillance of EVMS? |
|
Definition
| Contract Auditors from DCAA |
|
|
Term
| What types of contracts type are exempt from EVM? |
|
Definition
Firm Fixed Price (FFP)
Level of Effort (LOE)
Time & Materials (T&M) |
|
|
Term
(T/F)
EVM is not included during the solicitation phase of contracting. |
|
Definition
False
Sections C, I, J, L, and M all have requirements for EVM when the contract exceeds $20M |
|
|
Term
| How is EVMS considered during the evaluation phase of contracting? |
|
Definition
| Evaluators determine the probability that a contractor's proposed EVMS will meet the ANSI/EIA-748 guidelines. |
|
|
Term
|
Definition
| Integrated Baseline Review |
|
|
Term
| EVMS DFARS contract clauses require the contractor to support a government-contractor ____. |
|
Definition
|
|
Term
| Provide 3 essential EVMS elements of systems acquisition management post-contract award. |
|
Definition
EVM System Validation
EVM System Surveillance
Integrated Baseline Review (IBR) |
|
|
Term
| This is a joint risk assessment of the EVM Performance Measurement Baseline. |
|
Definition
|
|
Term
| How soon must an IBR be conducting following contract award? |
|
Definition
|
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