AACE-EVP Exam Format | Course Contents | Outline | Syllabus | Objectives

AACE-EVP Exam Syllabus & Study Guide

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The information below reflects the 2026 syllabus defined by AACE.

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Exam Code: AACE EVP Exam Name: AACE EVP Earned Value Professional (EVP) Number of Questions: 120 multiple-choice questions Time Allotted: 5 Hours (300 minutes) Passing Marks: 70% Organizing (12%) - Develop EVMS procedures and policies - Prepare guidance for EVMS implementation (e.g., recommendations) - Train project team members (e.g., project controls, EVM, P&Ps) - Define the project work scope (e.g., WBS dictionary, SOW, WBS) - Define project organization (e.g., OBS, subcontractors) - Integrate subsidiary processes (e.g., cost/schedule) - Integrate scope with organizational structure (e.g., CAMs, control accounts, RAM) - Generate WADs (e.g., authorize work scope) Perform Planning and Scheduling Duties (13%) - Develop schedule with network logic - Identify products/milestones for progress assessment - Evaluate project schedule compliance requirements (e.g., EVMSIG, GAO, PASEG) - Establish integrated baseline (e.g., cost, schedule, scope) - Conduct baseline review (e.g., IBR, informal) - Forecast project status against baseline (e.g., cost(s), schedule, supply chain) - Evaluate impact of schedule risk analysis (e.g., MCS, SRA) - Perform/Evaluate Resource leveling Perform Budgeting Duties (13%) - Create work/planning packages - Develop budget using cost elements - Apply Earned Value Techniques (EVT) (e.g., EVM, PMT) - Plan out Level of Effort work - Apply/Evaluate overhead budgets and costs - Sum WP/PP budgets - Identify MR and UB - Reconcile CBB to target values Account Considerations (11%) - Record direct costs and/or hours - Generate estimated actuals (e.g., adjustment/reconcile accounting data) - Summarize direct costs by WBS - Summarize direct costs by OBS - Identify unit & lot costs as needed - Update/Evaluate indirect rates - Track & report material(s) (e.g., BOE dollars, BOM quantity) Analysis and Management Reports (35%) - Validate data (e.g., anomalies, costs, progress, reasonableness, schedule) - Calculate performance against baseline (e.g., CV, AC, ITC, MTD, SV) - Produce EVM metric reports (e.g., cost-schedule analysis, forecast, IPMR, PSR) - Analyze EVM performance data (e.g., BAC, EAC, ETC, IEAC, ITD, LRE, MTD, trend(s)) - Identify significant variances - Analyze indirect CV - Assess impact(s) of rate changes - Analyze non-labor direct costs (e.g., business events, material(s), ODC, travel) - Analyze subcontractor data (e.g., costs, labor, schedules) - Assess labor demand (e.g., hours billed, levels, staff availability, trends) - Communicate project performance (e.g., forecast, recommendations, reports, risks, status) - Determine root cause of variances - Assess cost and schedule impacts - Implement corrective actions - Maintain corrective action log from the VAR - Assess risk (e.g., cost, schedule, technical) - Assess budget and schedule forecasts (e.g., critical path, EAC, periodic SRA, TCPI) - Evaluate cost metrics for compliance (e.g., completeness, reasonableness) - Facilitate periodic program review(s) (e.g., customer, internal management) - Facilitate periodic program team meetings (e.g., CAM, CCB) Revisions and Data Maintenance (16%) - Incorporate changes (e.g., budget, MR, rate, resource(s), risk mitigation, schedule, scope, UB) - Maintain baseline (e.g., BCP and BCR) - Manage reserves (e.g., contingency, MR, schedule margin) - Reconcile budgets - Control retroactive changes - Prevent unauthorized revisions to baseline (e.g., constructive changes, freeze period) - Document PMB changes - Maintain WADs - Manage logs (e.g., budget, corrective action, MR, UB) - Conduct surveillance (e.g., compliance, data quality, process)