Update: August 26, 2024.
Please note that the article below refers to the implementation of a DFAR deviation implemented in 2017 that effectively changed the EVMS validation threshold for DOD cost-plus development contracts to $100M, while keeping EVMS reporting threshold at $20M. The 2024 NDAA directs the Dept of Defense to update the DFAR to raise the reporting threshold to $50M, and officially change the validation threshold to $100M. DFARs changes take a long time, and we will post additional information when changes are made.
At the most recent NDIA Integrated Program Management (IPM) Division Meeting, John McGregor, Director of Earned Value Management for OSD Performance Assessment & Root Cause Analysis (PARCA) took the stage to discuss the latest updates related to EVM threshold requirements for DoD contracts. During the presentation, John clarified that DoD Instruction 5000.02 is finalized, signed and in full affect, even though the document looks like it may be in draft form.
Pinnacle Insights
Revised EVMS Threshold Requirements
Categories: Aerospace & Defense, Earned Value Management (EVM), Enterprise Project Controls (EPC), Integrated Program Management (IPM), Deltek PPM, Oracle Primavera, Government & Public Sector, Microsoft EPM, forProject Technology, Enterprise Project Management (EPM)
Selecting Earned Value Management (EVM) Tools
Categories: Aerospace & Defense, Energy, Utilities, Oil & Gas, Earned Value Management (EVM), Integrated Program Management (IPM), Project Portfolio Management (PPM), Deltek PPM, Oracle Primavera, Government & Public Sector, Training, Microsoft EPM, forProject Technology
Many of our clients are looking to implement an Earned Value Management System (EVMS) to satisfy reporting requirements for EVM on US federal contracts (FAR 52.234-4, DFAR 252.234-7001, or equivalent), whether they have an existing requirement, or potential future requirement.
Integrated Program Management Report (IPMR) v.2.0
Categories: Aerospace & Defense, Earned Value Management (EVM), Integrated Program Management (IPM), Technology, Deltek PPM, Government & Public Sector, forProject Technology
INTRODUCTION:
In 2012, OSD Performance Assessments and Root Cause Analysis (PARCA) introduced the Integrated Program Management Report (IPMR) Data Item Description (DID) DI-MGHT-81861.
