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On Point

CAPTIAL PLANNING AND EVM SERVICES

Capital Planning and Investment Control (CPIC) and Earned Value Management (EVM) activities are essential activities required for developing and maintaining a successful and effective OMB Exhibit 300 Business Case. The Office Of Management and Budget (OMB) Circular A-11 demands that agencies are expected to comply with existing statutes and guidance for planning and funding new assets, achieving cost, schedule and performance goals, and managing the operation of assets to achieve the asset's performance and life-cycle cost goals. This mandate indicates that agencies must comply with an Earned Value Management System standard in order to receive funding for the development, modernization, or enhancement (DME) of major information technology.