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Earned Value Management (EVM)28743911/6/2019 8:33:33 PMEarned Value Management (EVM) is applied on Cost Reimbusable or Incentive contracts EVM 101 Fundamentals of Earned Value Management EVM 202 Intermediate Earned Value Management https://www.dau.edu/acquipedia/Lists/Acquipedia Article/quick.aspxFalse<div class="ExternalClassC0305B0B4012479EA43BF39E526FCBA6">Industry-developed set of 32 standards adopted for use by DoD in 1996 for evaluation of contractor management systems. The EVMS replaced the Cost/Schedule Control Systems Criteria (C/SCSC), which contained 35 standards for evaluation of contractor management systems. Contractors with systems formally recognized by DoD as meeting the 35 C/SCSC standards prior to November 1996 are considered compliant with the 32 EVMS standards.</div>
Management Reserve (MR)2876241/27/2020 2:29:46 PMIt is not a part of the Performance EVM 101 Fundamentals of Earned Value Management EVM 202 Intermediate Earned Value Management CLV 016 Introduction to Earned Value Management https://www.dau.edu/acquipedia/Lists/Acquipedia Article/quick.aspxFalse<div class="ExternalClass679FF85A6EAB4495B1F58AD2475063D6">An amount of the Total Allocated Budget (TAB) withheld for management control purposes, rather than designated for accomplishing a specific task or set of tasks. It is not a part of the Performance Measurement Baseline (PMB). Synonymous with reserve.</div>
Contract Performance Report (CPR) 2875141/27/2020 2:30:54 PMSystems (BES) Process Directory Earned Value Management Financial Management Program Management Earned Value Management General Reference (Gold Card https://www.dau.edu/acquipedia/Lists/Acquipedia Article/quick.aspxFalse<div class="ExternalClassA7DB6E99FE924C4698AD1A69E5F406DF">Method requiring periodic accounting and reporting by the contractor on performance under contract to date.</div>
Cost Performance Index (CPI) 2876321/27/2020 2:30:29 PMCost Performance Index (CPI) is an Earned Value Management (EVM EVM 202 Intermediate Earned Value Management EVM 101 Fundamentals of Earned Value Management https://www.dau.edu/acquipedia/Lists/Acquipedia Article/quick.aspxFalse
Latest Revised Estimate (LRE)2876251/27/2020 2:29:53 PMCost Estimating Earned Value Management Financial Management Program Management EVM 101 Fundamentals of Earned Value Management EVM 202 Intermediate Earned Value Management https://www.dau.edu/acquipedia/Lists/Acquipedia Article/quick.aspxFalse
Negotiated Contract Cost (NCC)2877171/27/2020 2:29:16 PMEarned Value Management Financial Management Program Management Cost Estimating EVM 202 Intermediate Earned Value Management EVM 101 Fundamentals of Earned Value Management https://www.dau.edu/acquipedia/Lists/Acquipedia Article/quick.aspxFalse<div class="ExternalClass1F4BD1FF4B144269B10B17015101D4A2">The estimated cost negotiated in a Cost-Plus Fixed-Fee (CPFF) contract, or the negotiated contract target cost in either a Fixed-Price Incentive (FPI) contract or a Cost-Plus Incentive-Fee (CPIF) contract.</div>
Schedule Performance Index (SPI)2877131/27/2020 2:28:54 PMEarned Value Management Financial Management Program Management EVM 101 Fundamentals of Earned Value Management EVM 202 Intermediate Earned Value Management https://www.dau.edu/acquipedia/Lists/Acquipedia Article/quick.aspxFalse
Schedule Variance (SV)2877121/27/2020 2:28:47 PMEarned Value Management Cost Estimating Financial Management Program Management EVM 101 Fundamentals of Earned Value Management EVM 202 Intermediate Earned Value Management https://www.dau.edu/acquipedia/Lists/Acquipedia Article/quick.aspxFalse<div class="ExternalClass4A122DF63730403EB9009782357C4D46">The difference between the Budgeted Cost of Work Performed (BCWP) and the Budgeted Cost of Work Scheduled (BCWS) (Schedule Variance (SV) = BCWP – BCWS). SV = BCWP - BCWS A negative SV is unfavorable and indicates that less work was accomplished than planned. A positive SV if favorable and indicates that more work was accomplished than planned. The program's critical path schedule must reviewed to determine the impact of a negative SV on the program. (Note&#58; The SV is denominated in dollars.)</div>
Contract Budget Base (CBB)2875131/27/2020 2:30:46 PMEVM 202 Intermediate Earned Value Management EVM 101 Fundamentals of Earned Value Management Source DoD Earned Value Management System Interpretation Guide (EVMSIGhttps://www.dau.edu/acquipedia/Lists/Acquipedia Article/quick.aspxFalse<div class="ExternalClassFFDED4BBB983400DA6A194600CA82E7D">The Negotiated Contract Cost (NCC) plus the estimated cost of authorized unpriced work.</div>
Undistributed Budget (UB)2877991/27/2020 2:28:30 PMEarned Value Management Cost Estimating Financial Management Program Management EVM 202 Intermediate Earned Value Management EVM 101 Fundamentals of Earned Value Management https://www.dau.edu/acquipedia/Lists/Acquipedia Article/quick.aspxFalse<div class="ExternalClassEE56DC0F0C0E4016B26F53FC6E8C91BF">Budget applicable to contract effort that has not yet been distributed to one or more control accounts.</div>