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EVM Basics Acronym List 2 questions with 100% correct answers

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EVM Basics Acronym List 2 Exam

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  • August 15, 2024
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  • 2024/2025
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EVM Basics Acronym List 2




CPM* - answersCollege of Performance Management

CPR - answersContract Performance Report [Bus Ops]

CSOW - answersContract Statement of Work [Contracts / Estimating & Pricing
Leadership Team/ Bus Ops]

A description of a product or service to be procured under a contract or proposed
direction to be performed. A formal expression of the specific effort, tasks and
responsibilities.

C/SSR - answersCost/Schedule Status Report

CSPR - answersCost, Scheduling, Planning & Reporting [Bus Ops]

CUM - answersCumulative

CV - answersCost Variance

CCVA - answersCommon Chargeline Validation Authorization [Accounting]
An Enterprise Accounting System (EAS) module that provides source data that other
systems utilize to verify chargeline authorization at the Activity ID level.

CWA - answersContract Work Authorization [Accounting/Contracts&Pricing]
Contract level work authorization documents prepared by Contracts and Pricing in
accordance with PRO-5128 "Work Authorizations"

CWA, IWA, EWA, EWaCA - answersWork Authorization [Accounting]

, An activity, work task or job to be performed. Authorizes the work that is performed, and
is the basis for the accounting information that identifies the work. Comes from a
program directive. CWA (Customer Work Authorization), IWA (Interorganizational Work
Authorization, EWaCA (Enterprise Work and Charging Authorization) authorizes
charging across other Boeing organizations.

DB - answersDistributed Budget [Accounting/Bus Ops]
Sum of:
All budgets assigned to the control accounts or to summary level planning accounts

Excludes
Management Reserve
Undistributed Budget

Summary Level Planning Account - answers[Bus Ops]
A control account that is used when a scope of work has been identified that is in the
future, and exact technical parameters are unknown or details are not yet available to
determine detail-level planning (i.e. control account planning). Higher Level or Summary
Level accounts contain distributed budget, a general scope description, and start/stop
dates but will not contain earned value or actual costs. These accounts may be used for
far-term effort until detail planning is available for control account planning.

Example(s): Current Month = OCT. Control Account AAAABB contains a budget of
$100K in the future months with a PPKG as an EVT

Synonym(s): Higher Level

DCAA - answersDefense Contract Audit Agency [Accounting]: The Defense Contract
Audit Agency (DCAA) is chartered with the responsibility of performing audits for the
Department of Defense (DoD). DCAA's charter is set forth in DoD Directive 5105.36,
Defense Contract Audit Agency. In accordance with FAR 42.1, Contract Audit Services,
DCAA auditors conduct audits of proposals & contracts, incurred costs, and most of a
contractor's essential financial management systems (e.g. estimating, system,
accounting system, billing system etc.). DCAA's Directory of Audit Programs identifies
the standard audits which DCAA conducts. DCAA maintains a field audit office (FAO) at
a number of the larger Boeing sites. The DCAA Contract Audit Manual (CAM), and
other information about DCAA, are provided on the DCAA web site.

DCMA - answersDefense Contract Management Agency [Contracts & Pricing]
The Defense Contract Management Agency (DCMA) is chartered with the responsibility
of managing the administration of most defense contracts. DCMA's responsibilities
include auditing the technical portion of proposals. (DCAA retains responsibility for
auditing the financial portion of proposals.) DCMA also performs additional functions, in
accordance with the requirements of FAR 42.201 Contract Administration
Responsibilities.

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