For most projects, when the use of EVM is established by the sponsor/project manager during project initiation, it
is recommended that the project charter also include:
Overall approach to implement the EVM system (EVMS) (e.g., tailored versus existing OPA);
Key stakeholders involved in the implementation of the EVMS and their key roles and responsibilities;
Budget and other resources available to implement the EVMS (if available);
Management requirements that the EVMS will address (e.g., agile delivery methods, types of reports,
management questions, and analysis it will produce and deliver); and
Expected benefits of implementing ...
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