AACE International - Earned Value Professional Certification
What is an Earned Value Professional (EVP)?
A distinguished task force of industry experts, from both private and public sectors, assembled by AACE International created the EVP examination in 2005. In 2007, it earned accreditation by the Council of Engineering & Scientific Specialty Boards (CESB). The intent is to recognize specialists who meet a demanding set of earned value management criteria by a rigorous examination, experience, education and ethical qualifications. The EVP requirements reflect the sophistication of individuals in today's earned value industry and it fairly measures their knowledge, experience and adherence to best management practices. The Competency Model used to develop the EVP was based on the American National Standards Institute/Electronic Industries Alliance Standard 748, Earned Value Management Systems (ANSI/EIA-748-A).
EVP certification distinguishes Earned Value Professionals who have the knowledge and skills that impact the bottom line. AACE certification ensures a high quality standard.
Summary of EVP Certification Process
Candidates for the Earned Value Professional (EVP) designation must meet these minimum requirements:
1. Experience requirements
At least 8 full years of professional experience, of which up to 4 years may be substituted by a college/university degree. Related degrees include: engineering, building construction, construction technology, business, economics, accounting, construction management, architecture, computer science, mathematics, etc.
2. Submit application and fees
AACE Members US$350.00 Non-Members US$500.00 for the regular fee, subtract $50 for the early fee. Submit the application, work/education verification and fees, at least 40 days before the next exam date to be scheduled at an exam site.
3. Document experience/education
Applications are reviewed and verified. Please submit a copy of college degree(s) with your application, plus any letters that could expedite the verification process.
4. Pass the examination
To become EVP™ certified, an overall passing score must be achieved, as determined by the Certification Board. Parts II, III and IV consist of a combination of compound questions and multiple choice questions; all must be answered."
EVP Exam Structure
The EVP examination consists of four parts (1 hour 45 minutes each).
- Part I is Planning. It consists of multiple-choice questions concerning general earned value concepts, organization, planning, scheduling and budgeting.
- Part II is an Earned Value Professional Communications Memorandum. It requires the candidate to write the equivalent of a one-page typewritten memorandum, to a project manager, on a given project situation. The memorandum must explain the issues and propose a solution regarding a given problem on a project.
- Part III is Earned Value Application. This part entails answering a series of complex applications.
- Part IV is Monitoring and Control. It consists of multiple-choice questions involving accounting, analysis and reporting.
Recommended Text to Study for EVP Certification:
Most recommended texts, available in our Online Store:
- Earned Value Professional Certification Study Guide
- Skills and Knowledge of Cost Engineering, 5th edition (4th if you already have it)
Additional Reference Material, The ANSI 748-A Standard:
- ANSI Website
- NDIA Website
- DOD Earned Value Management Website
Sponsored by the Office of the Under Secretary of Defense (Acquisition, Technology & Logistics)
