Earned Value Management
EVM is an integrated management control system for assessing, understanding and quantifying what a contractor or field activity is achieving with program dollars.
• Integrates technical, cost, schedule, with risk management
• Allows objective assessment and quantification of current project performance
• Helps predict future performance based on trends.
EVM provides project management with objective, accurate and timely data for effective decision making.
The NASA Earned Value Management function strives to:
- Ensure that Agency policy and guidance documents reflect consistent information regarding how to meet EVM requirements
- Reinforce existing and establish new sustainable best practices for EVM implementation and EVMS surveillance
- Establish a community of practice that can strengthen the EVM capabilities, including the integration of technical, cost, schedule, and risk through Agency-wide communication (best practices, lessons learned, etc.), improvement of methodologies and tools, and training of personnel
- Provide reach-back for Programs and projects with respect to EVM implementation expertise
- Work with other programmatic disciplines to ensure an integrated approach to advancing the EVM capabilities through data collection and research
Earned Value Management Guidance Documents
Earned Value Management Working Group: EVMWG | MS Teams (NASA Only)
EVM Focus Areas and Related Topics
Explore More EVM Related Topics Below
Regulations and Requirements
Click the link below to learn more about NASA EVM Regulations and Requirements.
Tutorial
Click below for a brief EVM Tutorial with illustrations/examples and the NASA EVM Reference Card.
EVM Working Group
Click below to read more about the NASA Earned Value Management Working Group (EVMWG) and EVM Focal Points.
Reporting Guidance and Tools
Click below to view NASA EVM Reporting Guidance and Tools information.
Handbooks
Looking for EVM Implementation Handbooks? Look no further – we have all your EVM Handbooks in one place.