Federal activity overview — Earned Value Management System Audit
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An audit or surveillance review of the contractor's Earned Value Management System to determine compliance with the ANSI/EIA-748 guidelines. EVMS integrates scope, schedule, and cost data to provide objective measures of contract performance and early identification of cost/schedule variances on major acquisition programs.
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Ask about Earned Value Management System AuditEvaluates the EVMS against 32 guidelines in five categories: organization, planning/scheduling/budgeting, accounting considerations, analysis and management reports, and revisions and data maintenance. Reviews Work Breakdown Structure, Integrated Master Schedule, performance measurement baseline, variance analysis, and Estimate at Completion accuracy.
Initial validation review for new systems or major contracts, followed by ongoing surveillance (typically annually) during contract performance. Integrated Baseline Reviews (IBRs) are conducted near contract start. Surveillance intensity is based on risk and program dollar value.
A team of EVMS specialists (DCMA typically leads, with DCAA support on cost aspects) reviews system documentation, tests compliance with each guideline, and evaluates management processes. Deficiencies are categorized and require corrective action plans. The review typically takes 2-4 weeks on-site for a full validation.
Bureauify. (2026). Earned Value Management System Audit — Federal Contract Intelligence. Bureauify Federal Intelligence. Retrieved , from https://bureauify.com/dcaa_audit/evms-audit
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