ImageCHAPTER 9

EVM3 Level 3: ANSI/EIA 748–Compliant Implementation

A project or organization at EVM3 Level 3 embraces earned value management as a key element of project planning, execution, and control. The project or organization establishes control accounts. The organization includes material, direct, indirect, and subcontractor costs in planning and monitors them during execution. The organization integrates the financial and scheduling systems with both the Work Breakdown Structure (WBS) and the project Organizational Breakdown Structure (OBS). Earned value management analysis can occur anywhere within the WBS and OBS. Project variances can be ...

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