Earned Value Management | 2016
Development of the NSF Process for Validation and Acceptance of Facility Project EVMS
NSF is establishing guidelines and requirements for Earned Value Management Systems (EVMS) used for evaluating construction project status and management. Other federal agencies have established EVMS requirements, with varying ranges of rigor, depth of inspection, and involvement by external EVM professionals, based on the 32 guidelines from EIA Standard 748.
Participants provided thoughts and experiences on the impacts and benefits of EVMS evaluation to inform development of NSF EVM guidance and requirements for the 2017 revision to the LFM. Links to NAPA recommendations.
Presented on May 26th at the 2016 Large Facilities Workshop.