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) and the International Cost Engineering Council (ICEC.) 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:
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.
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.
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.
Pass the examination
To become EVP certified, a 70% passing grade must be achieved on the 7-hour exam as
determined by the Certification Board.
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 Monitoring and Control. It consists of multiple-choice
questions involving accounting, analysis and reporting.
Part III is applied Earned Value Applied. This part entails
answering a series of complex applications.
Part IV 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.
REFERENCE MATERIAL FOR EARNED VALUE CERTIFICATION The ANSI 748-A Standard
For a complete list of recommended study materials, visit our Bookstore or by
contacting our publications administrator, Sharon Hardman at shardman@aacei.org.
AACE International, the Association for the Advancement of Cost Engineering, provides its members with the resources they need to enhance
their performance and ensure continued growth and success. With over 6,000 members world-wide, AACE International serves cost management professionals: cost managers
and engineers, project managers, planners and schedulers, estimators and bidders, and value engineers. AACE International has members in 78 countries currently includes
70 local sections in the US and has been in operation since 1956.
