National Defense Industrial Association

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Whitepaper: Integrating Risk Management With Earned Value Management

by National Defense Industrial AssociationJan 01, 2008

This paper summarizes a study of the current status of the integration of risk management with earned value management and recommendations for further actions. The paper introduces Earned Value Management Systems (EVMS) which began a transition from Government to Industry. Leading companies began using EVMS to manage their programs in accordance with this standard, both when company policies indicated EVMS must be used as well as when contract requirements mandated it.