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Friday, December 09, 2005

CIO Council delivers EVM policy framework

The CIO Council unveiled a policy framework this week to help federal agencies develop earned value management (EVM) system policies.

EVM policies focus on major acquisitions and investments that require special management attention because of their large costs or their importance to an agency's mission, according to council documents. The new policy framework requires agencies to address projects' finalized cost, schedule and performance goals.

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