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How to Avoid Corrective Action Requests Related to Level of Effort

November 20, 2012 Budgeted Cost of Work Performed (BCWP)

Has DCMA issued you a Level III Corrective Action Request (CAR) because you have had repeat Level 2 CARs for having “BCWP with no ACWP” (Budgeted Cost for Work Performed vs. Actual Cost of Work Performed) or “ACWP with no BCWP” that has not been corrected? According to all the EVMS rules, this appears to be a […]

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Earning Value for Material – The Correct Approach – Part 2

October 31, 2012 EVMS General Topics

Recall from our blog in early October about earning value for material, in which Guideline 21 in the EIA-748 Standard for Earned Value Management Systems (EVMS) states that earned value is measured “…at the point in time most suitable for the category of material involved, but no earlier than the time of actual receipt of material.” In […]

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Control Account Manager – CAM Certification by Humphreys & Associates

October 15, 2012 EIA-748

Control Account Manager (CAM) Certification. This efficient and intensive certification program is perfect for anyone looking to: Distinguish themselves from their peers with a professional CAM certification Advance his or her earned value management (EVM) expertise Humphreys & Associates effective and comprehensive certification program is intended to further develop on-the-job skills. It includes wide-ranging course […]

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Earning Value for Material – The Correct Approach – Part 1

October 1, 2012 Corrective Action Request (CAR)

Earning Value for Material A common question that H&A Consultants are asked is “What is the most common point to claim earned value (the budgeted cost for work performed or BCWP) for material?” The answer? There is not one point for earning value for material in all categories. Guideline 21 in the EIA-748 Standard for Earned Value […]

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EVMS – Using Estimated Actual Cost of Work Performed (ACWP)

September 12, 2012 Accounting

We review using Estimated Actual Cost of Work Performed (ACWP) in an Earned Value Management system.

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Authorized Unpriced Work (AUW) and Earned Value Management Systems

August 27, 2012 Budgeting

Authorized unpriced work is an area that causes contractors difficulties and when not handled properly, results in a DCMA EVMS review team writing up a CAR.

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