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Earned Value Management System RM

In recent years Department of Energy (DOE) has developed a number of orders, and guidance documents aimed to improve the overall performance of project management and the acquisition of capital assets with the DOE complex. One of the most important activities or products required by DOE O 413.3A, Change 1, Program and Project Management for the Acquisition of Capital Assess, to strengthen the overall performance of project management and the acquisition of capital assets is the Earned Value Management System (EVMS). EVMS allows both government and contractor managers to gain significant insights into technical, cost, and schedule progress of contracts and projects. The implementation of an EVMS is widely recognized as a key component of program and project management. It ensures that the linkages and relationships between cost, schedule and technical aspects of the contract are integrated and visible.