Earned Value Management: EIA 748 And The EVMS Validation Process
Why Take This Course?
For organizations that are bidding on a contract with Earned Value Management System (EVMS) validation requirements (FAR 52.234-4, DFAR 252.234-7001, or equivalent), or that are planning to bid on such a contract in the near future, this executive-level course will help you understand the requirements for proposal submission, pre-award preparations, and the post-award validation process.
Who Will Benefit?
Stakeholders who will be involved in supporting the DCMA or Cognizant Federal Agency (CFA)* Compliance Review, including program managers, finance managers, and company executives.
What Will I Learn?
- Identify the EVMS contractual requirements for the federal agency contracts my company is targeting
- Describe a fully EIA-748 compliant management system, including tools and information, business processes, roles and responsibilities, and supporting documentation and artifacts
- Identify the areas of your organization involved in establishing and maintaining a compliant EVM system
- Develop an EVM Plan to include to your proposal if you do not have a CFA validated EVMS
- Plan what steps must be taken pre and post award to prepare for an EVMS Compliance Review
- Follow the EVMS Compliance Review process for the identified Cognizant Federal Agency (CFA)*, including expectations and timelines
*Note that each agency has their requirements for validation and unique procedures for performing Compliance Reviews. The content of this course is tailored for the federal agency (or agencies) that you support.
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