1. EVM UPDATE JANUARY 31/FEBRUARY 2, 2007

2. EVM REQUIREMENTS NASA PROCEDURAL REQUIREMENTS (NPR) 7120.5D - NASA SPACE FLIGHT PROGRAM AND PROJECT MANAGEMENT REQUIREMENTS –NASA CHIEF ENGINEER – RESPONSIBLE FOR PROGRAM/PROJECT MANAGEMENT POLICY AND REQUIREMENTS –NASA EVM REQUIREMENTS APPENDIX F – DEFINES REQUIREMENTS FOR THE PROJECT PLAN EVM REQUIREMENTS ON IN-HOUSE PROJECTS AND CONTRACTS –AGENCY REVIEW COMPLETED –NEXT - NASA ADMINISTRATOR APPROVAL AND SIGNATURE –WHEN - SOON

3. REQUIREMENTS –As a minimum, EVM principles, as defined by ANSI/EIA Standard- 748, Earned Value Management Systems, will be applied if the project’s life-cycle cost is at or greater than $20M. –For projects where the primary NASA Center has a fully validated Earned Value Management System (EVMS), the project will use that system rather than EVM principles. –For contracts and subcontracts, application of an EVMS is required as follows: For development or production (including flight and ground support) contracts and subcontracts valued at $20M or more, the contractor EVMS must comply with the guidelines in ANSI/EIA Standard-748. For development or production (including flight and ground support) contracts and subcontracts valued at $50M or more, the contractor EVMS must be formally validated and accepted by the contracting officer. EVM is not required for grants, or contracts of less than 12 months duration, non-developmental level-of-effort engineering support services, steady-state operations, basic and applied research, and routine services, however, application is at the discretion of the program/project manager. –HIGH RISK/VISIBLE PROJECTS-DISCRETION OF PM

4. NPR 7120.5D IMPLEMENTATION OFFICE OF CHIEF ENGINEER (OCE) –ISSUE REQUIREMENT TO CENTERS: DEVELOP A CENTER IMPLEMENTATION PLAN –COMPLY WITH NPR 7120.5D –INCLUDE CENTER EVM IMPLEMENTATION »APPROACH/PROCESS/PROCEDURES »CENTER EVM SYSTEM DESCRIPTION »NO CURRENT PLANNING FOR AGENCY SYSTEM DESCRIPTION

5. NASA FAR SUPPLEMENT (NFS) INTERIM RULE TO REVISE NFS TO IMPLEMENT FAR EVM COVERAGE ISSUED IN FEDERAL ACQUISITION CIRCULAR (FAC) 2005-11 SOLICITATION PROVISIONS AND CONTRACT CLAUSES – PUBLISHED-FEDERAL REGISTER NOVEMBER 13, 2006 –REVIEW PERIOD ENDED JANUARY 12 –PREPARATION FOR ISSUANCE OF FINAL RULE 48 CFR PARTS 1834, 1842, AND 1852

6. CLOSING COMMENTS NPR 7120.5D EVM IMPLEMENTATION WILL BE INTERESTING –EMPHASIS ON EVMS BY EACH CENTER –EVMS VALIDATION/COMPLIANCE PROCESS –SURVEILLANCE EVM HANDBOOK AND IBR HANDBOOK