AACE-EVP Exam Information and Outline
Earned Value Professional
AACE-EVP Exam Syllabus & Study Guide
Before you start practicing with our exam simulator, it is essential to understand the official AACE-EVP exam objectives. This course outline serves as your roadmap, breaking down exactly which technical domains and skills will be tested. By reviewing the syllabus, you can identify your strengths and focus your study time on the areas where you need the most improvement.
The information below reflects the latest 2026 course contents as defined by AACE. We provide this detailed breakdown to help you align your preparation with the actual exam format, ensuring there are no surprises on test day. Use this outline as a checklist to track your progress as you move through our practice question banks.
Below are complete topics detail with latest syllabus and course outline, that will help you good knowledge about exam objectives and topics that you have to prepare. These contents are covered in questions and answers pool of exam.
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)