NASA/SP-2011-XXXX, NASA SPECIAL PUBLICATION: EARNED VALUE MANAGEMENT HANDBOOK (TBD-MONTH-2011)

NASA/SP-2011-XXXX, NASA SPECIAL PUBLICATION: EARNED VALUE MANAGEMENT HANDBOOK (TBD-MONTH-2011)., 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. It should be noted that NASA EVM policy not only applies to contractors, but to NASA in-house activities as well. Throughout this document, the term “contract” may be interpreted to apply to both contracts with industry as well as agreements with NASA projects and with intra-agency activities that meet the reporting thresholds. Similarly, the term “contractor” may also refer to “supplier” entities within both private industry and government. The following key components of NASA’s EVM Policy are addressed in this handbook: (1) EVM Implementation on NASA Contracts; (2) EVM Implementation on NASA in-house Programs/Projects; and (3) EVM System (EVMS) Acceptance and Surveillance Processes. The handbook specifically addresses the application of EVM to NASA in-house projects since most programs may have one or more projects that meet the threshold for implementing EVM. It is each program’s responsibility to impose EVM requirements on its projects as required by NASA policy and summarized in ¶1.2. In the Program Plan, the Program Manager will include his or her approach for integrating and managing program cost, schedule, and technical performance, including the flow down of EVM requirements to projects. If the program manager decides to apply EVM at the program level, he or she will follow the same process as projects, including the use of the NASA EVM Systems Description. This handbook was developed to serve as the central EVM guidance document for NASA personnel. The handbook is included in the document hierarchy (Figure P-1) along with the following complementary handbooks: NASA/SP-2010-3403, NASA Schedule Management Handbook; NASA/SP-2010-3404, NASA Work Breakdown Structure (WBS) Handbook; NASA/SP-2010-3406, NASA Integrated Baseline Review (IBR) Handbook and the NASA EVM Systems Description. The dashed line indicates guidance and instruction rather than policy and procedures as contained in the NASA Directives and Procedures. Throughout this document, references are made to additional sources of information, such as EVMS standards, requirements, and websites. These additional sources should be consulted as appropriate. The EVM Implementation Handbook will be updated as needed to enhance efficient and effective EVM implementation and use across NASA (the Agency).