EVM EVM Reporting and Compliance 1 — Questions and Answers
Question 1: The ANSI/EIA-748 standard contains how many EVM guidelines?
- 32 (Correct answer)
- 25
- 48
- 20
Correct answer: 32
ANSI/EIA-748 defines 32 guidelines organized into five categories that an EVMS must satisfy to be considered compliant.
Question 2: The five categories of ANSI/EIA-748 guidelines are:
- Organization, Planning & Budgeting, Accounting, Analysis & Management Reports, Revisions & Data Maintenance (Correct answer)
- Scope, Schedule, Cost, Risk, and Reporting
- Planning, Executing, Monitoring, Controlling, and Closing
- WBS, OBS, RAM, IBR, and Surveillance
Correct answer: Organization, Planning & Budgeting, Accounting, Analysis & Management Reports, Revisions & Data Maintenance
The 32 ANSI/EIA-748 guidelines are divided into five categories covering organizational structure, planning, accounting, analysis, and change control.
Question 3: The Integrated Program Management Report (IPMR) replaced which earlier reporting format?
- Contract Performance Report (CPR) (Correct answer)
- Cost/Schedule Status Report (CSSR)
- Work Breakdown Structure report
- Contractor Cost Data Reporting (CCDR)
Correct answer: Contract Performance Report (CPR)
The IPMR replaced the CPR as the primary EVM data reporting format for DoD contracts, incorporating all five CPR formats into a single data item.
Question 4: CPR/IPMR Format 1 provides:
- Work Breakdown Structure element performance data by cost and schedule (Correct answer)
- Baseline log and variance explanations
- Staffing plan in FTE by month
- Subcontractor status and performance
Correct answer: Work Breakdown Structure element performance data by cost and schedule
Format 1 reports cumulative and current-period cost and schedule performance data organized by WBS element.
Question 5: At what U.S. DoD contract value threshold is a validated EVMS typically required?
- $20 million for cost or incentive contracts (Correct answer)
- $5 million for all contract types
- $50 million for all government contracts
- $100 million for ACAT I programs only
Correct answer: $20 million for cost or incentive contracts
DoD policy generally requires a formally validated EVMS on cost or incentive contracts with a value of $20 million or more.
Question 6: The purpose of the Integrated Baseline Review (IBR) is to:
- Assess whether the PMB is technically achievable and fully accounts for contract scope (Correct answer)
- Formally accept the contractor's cost estimates
- Replace the contract award fee determination
- Validate the contractor's accounting system
Correct answer: Assess whether the PMB is technically achievable and fully accounts for contract scope
The IBR verifies that the contractor's PMB is realistic, complete, and represents a comprehensive plan for executing the contract.
EVM EVM Reporting and Compliance 1
The ANSI/EIA-748 standard contains how many EVM guidelines?