Earned Value Management definition

Earned Value Management means the cost, sched-
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Earned Value Management means an analysis of how much has been accomplished on a capital project to date compared to the project’s planned scope, schedule and cost. It includes a plan that identifies work to be accomplished, a valuation of planned work, and predefined earning rules that quantify how to measure the accomplishment of work;
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Earned Value Management means the cost, performance, and schedule data used to deter- mine the status of a major automated informa- tion system program that has been developed in accordance ith the ANSI EIA–748–B Standard. ‘‘(3) INDEPENDENT GOVERNMENT COST ASSESS-
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Examples of Earned Value Management in a sentence

  • For information that cannot easily be categorized as technical data or business data (e.g., program schedules, Earned Value Management System reports, and program management reports), and is of sufficient detail to show a contractor’s confidential business practices, shall be identified before or as soon as practicable after contract award.

  • In accordance with DoD policy, this task order does not require Earned Value Management (EVM) implementation due to the majority of efforts on this task order is non-scheduled based (i.e., level of effort) and does not lend itself to meaningful EVM information.

  • When Earned Value Management (EVM) is determined to be applicable to an individual Order, the provisions and clause FAR 52.234-2, 52.234-3, 52.234-4 applies.

  • This clause is applicable only if this contract states that the Earned Value Management System criteria applies to Seller.

  • Note: Earned Value Management Systems (EVMS) may be required based on the Contracting Officer’s determination.

  • The Contractor's system shall meet the guidelines and be maintained in accordance with the requirements of the Earned Value Management Systems Standard as described in this Contract, under DFARS Clause 252.234-7002, and the Contractor's own documented System Description.

  • The Contractor shall report Earned Value Management data as applicable to this contract in accordance with the requirements stated herein and the Contract Data Requirements List (CDRL).

  • The Contractor shall flow-down Earned Value Management requirements to subcontractors meeting the applicable thresholds and/or assigned critical tasks.

  • If an Earned Value Management System is to be used, dis- cuss the methodology the Government will employ to analyze and use the earned value data to assess and mon- itor contract performance.

  • This process is necessary for carrying out successful Earned Value Management (EVM) processes.


More Definitions of Earned Value Management

Earned Value Management. Report is as defined in Clause 27.7 (Asset Provision Programme);
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Earned Value Management means the cost, per-
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Earned Value Management means the cost, perform-
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Earned Value Management means the cost, performance, and schedule data used to deter- mine project status and developed in accordance with the ANSI EIA–748-B Standard.
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Earned Value Management means the cost, performance, and schedule data used to deter- mine project status and developed in accordance
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Earned Value Management means the methodology that allows interested parties, including the government and performers, the visibility into cost, schedule, and technical progress of the work to be completed to measure and manage performance.
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Related to Earned Value Management

  • Earned value management system means an earned value management system that complies with the earned value management system guidelines in the ANSI/EIA-748.

  • Acceptable earned value management system means an earned value management system that generally complies with system criteria in paragraph (b) of this clause.

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • Targeted case management means services that assist a beneficiary to access needed 2 medical, educational, social, prevocational, vocational, rehabilitative, or other community services. The 3 service activities may include, but are not limited to, communication, coordination and referral;

  • Exit Management Date means each of the following:

  • Total Assets under Management is the total average assets under management for the month for all Accounts or portions thereof for which all investment advisers (including the Adviser) to which FASC provides that Category of Services act as investment adviser or subadviser and which utilize the Category of Services. “Applicable Margin” is 0.10.

  • Base Management Fee means the base management fee, calculated and payable quarterly in arrears, in an amount equal to one-fourth of 1.50% of the Company’s Equity.

  • Exit Management means the obligations and rights of the Parties to ensure a smooth transition of the Framework from the Contractor to the Authority or any Replacement Contractor as set out in Clause 44 (Exit Management) and Schedule 8 (Exit Management).

  • Award Value means the value, in dollars, of an award made to a Participant and as stated in the applicable Award Agreement, which is provided under the Plan in the form of PSUs or RSUs, as the case may be.

  • Change Management means the add-on module to the Programs that enables engineers to define network changes through one or more configuration templates. Those network changes can be applied to multiple devices and executed/rolled back automatically. The Change Management module enables engineers to verify the impact of the changes across the network to help ensure a safer change process.

  • Value Engineering (VE) means a discipline of engineering that studies the relative monetary values of various materials and construction techniques, including the intial cost, maintenance cost, energy usage, replacement cost, and life expectancy of the materials, equipment or systems under consideration.

  • value chain means activities related to the production of goods or the provision of services by a company, including the development of the product or the service and the use and disposal of the product as well as the related activities of upstream and downstream established business relationships of the company. As regards companies within the meaning of point (a)(iv), ‘value chain’ with respect to the provision of these specific services shall only include the activities of the clients receiving such loan, credit, and other financial services and of other companies belonging to the same group whose activities are linked to the contract in question. The value chain of such regulated financial undertakings does not cover SMEs receiving loan, credit, financing, insurance or reinsurance of such entities;

  • Unit Value means, at any time, the value of each Stock Unit, which value shall be equal to the Fair Market Value (as defined in the Plan) of a Share on such date.

  • Case management means a care management plan developed for a Member whose diagnosis requires timely coordination. All benefits, including travel and lodging, are limited to Covered Services that are Medically Necessary and set forth in the EOC. KFHPWA may review a Member's medical records for the purpose of verifying delivery and coverage of services and items. Based on a prospective, concurrent or retrospective review, KFHPWA may deny coverage if, in its determination, such services are not Medically Necessary. Such determination shall be based on established clinical criteria and may require Preauthorization.

  • Measurement Date has the meaning set forth in Section 3.3(a).

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Final average salary means whichever of the following is greater:

  • Adjusted Total turnover means the turnover in a State or a Union territory, as defined under sub-section (112) of section 2, excluding the value of exempt supplies other than zero-rated supplies, during the relevant period;

  • Gross Calorific Value of “GCV” shall mean that quantity of heat expressed in Kilowatt- hour produced by the complete combustion of one (1) normal cubic metre of Natural Gas at twenty-five (25) degrees Celsius and an absolute pressure of one decimal zero one three two five (1.01325) bar with excess air at the same temperature and pressure as the Natural Gas when the products of combustion are cooled to twenty-five (25) degrees Celsius and when the water formed by combustion is condensed to the liquid state and the products of combustion contain the same total mass of water vapor as the Natural Gas and air before combustion.

  • Adaptive management means reliance on scientific methods to test the results of actions taken so that the management and related policy can be changed promptly and appropriately.

  • Executive Management means the CEO and the CFO for purposes of administering this Plan.

  • Total Value means either the fair market value or the actual price paid for a covered animal part or product, whichever is greater.

  • Adjusted Total Assets means, for any Person, the sum of:

  • Project Management Unit and “PMU” each means the Recipient’s unit responsible for the implementation of its Respective Part of the Project referred to in Section I.A.2 of Schedule 2 to this Agreement.

  • Operating Company Number (OCN means the numeric Company Code assigned by NECA identifying CLEC as a Resale or UNE provider.