Earned Value Management (EVM) plays an increasingly important role for successfully delivering acquisition programs at the desired cost, schedule, and technical performance levels. Since 1996, when the Defense Contract Management Agency (DCMA) was appointed DoD Executive Agent for Earned Value Management Systems (EVMS), the responsibility to oversee the Department’s primary program management process has never been more vital than it is today. In its simplest form, EVM is the discipline of managing programs successfully by planning and controlling authorized work to achieve cost, schedule, and performance objectives.

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