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1) A cost reimbursement contract to build a single prototype refrigeration unit has a contract cost of $25M. What is the Department of Defense (DoD)
1) A cost reimbursement contract to build a single prototype refrigeration unit has a contract cost of $25M. What is the Department of Defense (DoD) policy on requiring Earned Value Management (EVM) on this contract? Apply EVM; a formal Earned Value Management System (EVMS) validation is not required. Apply EVM; a formal Earned Value Management System (EVMS) validation is required. Only apply EVM if the Milestone Decision Authority (MDA) approves a waiver. EVM is not required
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