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MSFC - NASA MPR 7120.5

EARNED VALUE MANAGEMENT SYSTEM REQUIREMENTS

active, Most Current
Organization: MSFC
Publication Date: 11 May 2009
Status: active
Page Count: 63
scope:

PURPOSE

The purpose of this Marshall Procedural Requirements (MPR) document is to establish the Marshall Space Flight Center (MSFC) Earned Value Management (EVM) System (EVMS) requirements for projects managed or executed at MSFC. These requirements align with other National Aeronautics and Space Administration (NASA) and MSFC policy and requirements.

The requirements in this document address necessary functions and products as determined by NASA and MSFC. These requirements are based on time-tested and proven sound project management and earned value principles. Applications of these principles are not limited to a single method, tool, or technique. The requirements listed within this document are meant to be interpreted as defining the necessary deliverable, product, or function with regards to content. Interpretation may not result in a single identical solution for every project. Instead, the principles and processes described within should be used to achieve consistent results.

APPLICABILITY

This MPR applies to the personnel, programs, projects, and activities at MSFC and MSFC's Michoud Assembly Facility (MAF), including contractors and resident agencies to the extent specified in their respective contracts or agreements. ("Contractors," for purposes of this paragraph, include contractors, grantees, Cooperative Agreement recipients, Space Act Agreement partners, or other agreement parties.)

This MPR applies to the portion of the project life cycle that begins with the issuance of a Project Formulation Authorization Document (FAD) and ends with the retirement, disposal, or delivery of the asset, product, or service.

The NASA thresholds and guidelines for application of EVMS requirements are stated in NASA Procedural Requirements (NPR) NPR 7120.5D, "NASA Space Flight Program and Project Management Requirements" for Flight projects, NPR 7120.7, "NASA Information Technology and Institutional Infrastructure Program and Project Management Requirements," and NPR 7120.8, "NASA Research & Technology Program and Project Management Requirements" for Research and Technology projects. The requirements in this document apply to all MSFC-managed projects and activities with a life cycle cost of $20 million or greater. The means in which these requirements are fulfilled may vary between organizations.

Throughout this document, the use of the word "shall" is meant to convey a requirement, "should" indicates an expectation or recommended method, and "may" or "can" means permission.

Document History

NASA MPR 7120.5
May 11, 2009
EARNED VALUE MANAGEMENT SYSTEM REQUIREMENTS
PURPOSE The purpose of this Marshall Procedural Requirements (MPR) document is to establish the Marshall Space Flight Center (MSFC) Earned Value Management (EVM) System (EVMS) requirements for...

References

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