The FAQs below may answer some of your questions
about the certification and certification process. If not just send
e-mail and you will get an answer.
How many people have the EVP® certification?
January 2017 there
about 500 active EVPs.
How long has the EVP been around?
EVP has been
offered since 2005.
Who administers the EVP certification?
Who values the EVP?
awareness of the EVP
has grown so has interest in the
EVP. The desirability of EVP
certified staff now appears in some US
Government RFPs. Booz Allen Hamilton, CSC,
CH2M-Hill, and Fluor have prepared their EVM workforce for the EVP
exam in the hopes they’d have a cadre of
EVPs as a result. Employers who are augmenting
their EVM staff value the EVP as proof of one's experience and
knowledge of EVM.
How much does the exam cost?
In 2016 the exam fees for AACE members were: $500USD, non-members $625 USD. There
is no early discount. Check with AACE for their current fees.
How has the US Government shown its interest in
As an example, the US Coast
Guard (part of Homeland Security) issued an RFP for EVM services.
The RFP stated "The project manager
shall possess an ... Earned Value
Professional (EVP) certification."
A potential bidder asked for relief and was told, "The
AACEi Earned Value Professional (EVP) is a USCG requirement.
While many professionals do EVM, EVP
certification provides an exam and experience validation that
provides us with confidence that the proposed PM meets the desired
the EVP an entry requirement for practicing EVM?
in fact the EVP application requires
at least 4 years of “cost engineering”
experience which may be in EVM, cost estimating, cost analysis, or
Will the EVP retain its value?
The AACE certification process meets the Council of Scientific &
Engineering Boards (CESB) and International Cost Engineering Council
(ICEC) standard for certifications. In addition AACE is very
thorough in reviewing EVP applications and verifies the experience
and education claims in all applications. Lastly the passing score is
set high enough to distinguish true experts from less experienced
and less knowledgeable individuals. AACE's priority is maintaining
the quality of their certifications, not the number of certified
How would you define the role of a EVP in an
AACE has not published an EVP "role model" or
EVP job description. Based upon the skills, knowledge, and abilities
that are likely tested the following
description is applicable. (This has not been reviewed or
approved by AACE.)
An EVP is capable of leading an organization’s EVM
workforce. He or she can design an ANSI 748 compliant EVMS, provide
EVMS process engineering, advise corporate leadership on EVMS, and
interpret EVM performance data. The EVP can fully participate in
proposal, pricing, planning, scheduling, risk management, and other
project activities, and understands the domains of experts in these
areas. The EVP is the EVM expert and advises the other domain
experts regarding the ramifications of their decisions upon the EVM
baseline and the utility of resulting performance data. The EVP
understands the political environment surrounding the project and
how to best communicate EVM performance data in each instance and
each audience. Finally, the EVP can provide well written, logical,
and persuasive communication to the project team, corporate
leadership, and the customer.
How long is the EVP exam?
The exam is done
via computer based testing (CBT). It consists of 120 questions,
including a memo that must be written. It is a continuous exam and not done in "parts".
Five hours are allotted to complete the exam. There are no breaks
and the timer cannot be paused for breaks. The memo uses a text
What is the reference material for the
exam is based upon EIA 748 and the NDIA EVMS Intent Guide. These
should be primary study materials. It does expect
the applicant to know the basics of project management and project
planning. The exam is NOT based upon any AACE publication, EVP
study guide, or body of knowledge (unlike the PMP which is based
solely on "A Guide to the Project Management Body of Knowledge", the PMI®
How do I obtain EIA 748?
748 is sold by
ANSI. Either 748B or 748C will do so if you have 748B you are
Where are the EVP exams held?
The EVP exams are
computer based. The testing vendor is
Their locations can found on their
May 2019 it may change to PSI Services, Inc.
When are the EVP exams held?
There is no calendar of exam dates. Those
approved by AACE to sit for the EVP exam will be provided detailed
information on how to schedule their exam at a testing center.
How hard is the EVP exam?
people have said it’s the hardest of the
PM and cost engineering family of exams. It requires insight into
EVM data since a memo must be written addressing
EVM and a project scenario. Here are the recent first time pass
rates for the EVP exam, (year/rate).
When do I get my exam results?
Please check the AACE website or contact their
office for current exam processing times.
How difficult is the EVP exam?
Most people find it the most challenging
professional exam they have taken within the project management and
project controls area. The first time pass rate remains about 56%
after almost ten years of data. The exam may be retaken for an
there a study guide?
Earned Value Professional (EVP) Exam Study
Guide has over 230 exam-like questions.
The goal of the Guide is to test your knowledge and ability to
answer questions on topics that are likely on the exam. Users
of the Guide report being better prepared
for the EVP exam. AACE
also has a study guide that provides summary discussions of exam
Is there a EVPrep boot camp?
Management Technologies offers
Video Boot Camp that includes
ten video session of about one hour each, and a
review of exam-like questions.
Attendees also get the
Earned Value Professional (EVP) Exam Study
Is there a EVPrep program for organizations?
Management Technologies can provide two-day
on-site EVPrep workshops or instructor led live webinars for groups.
Contact us for a quote. We also provide discounts for group purchase
of the EVPrep Video Boot Camp and EVPrep Study Guide.
When should I apply to take the exam?
The application process requires about 45 days so apply at any
time. Once you are approved to sit for the exam you will have 6
months to take the exam.
What study materials are available?
course EIA 748 and the NDIA EVMS Intent Guide should be primary
study materials. Any of several books on EVM should be reviewed. “A
Practical Guide to Earned Value Project Management” by Budd and
Budd, published by
Management Concepts is recommended. AACE has other
recommendations as well. In addition one should review a text book
on project planning, risk management, and project organizational
structures. The PMI® PMBOK®
Guide is one of many sources.
AACE also sells a study guide through their bookstore.
Can I use a calculator during the exam?
Yes. AACE allows programmable and/or financial
calculators to be used during the exam. AACE does not allow mobile
phones in the exam room so do not plan using the calculator in your
mobile (cell) phone.
Feel free to email us at
is a registered mark of the Association for the Advancement of Cost
PMI and PMBOK are registered marks
of the Project Management Institute, Inc.