Alert - NASA to Change EVM Requirements

NASA proposes to scale back its requirements for establishing and maintaining an Earned Value Management System for firm-fixed price (FFP)contracts, in order to reduce the reporting burden and in recognition of the lower risk associated with FFP contracts. The proposed rule also specifies that for cost or fixed-price incentive contracts and subcontracts valued at less than $20M, application of EVM would be an optional, risk-based decision at the discretion of the program/project manager.  The rule does not change the NASA requirement to apply EVM principles at the program/project level.  The text, from yesterday’s Federal Register, is attached.  Please let me know whether or not you recommend NDIA comment.  Comments are due at NASA by April 11^th. (from NDIA.ORG via Ruth Franklin). Federal News Radio has more details.