Earned Value Management (EVM) is specialized subset of project management that incorporates integration of various management processes. Among these management processes are scheduling, accounting and Earned Value analysis and reporting. Scheduling is often managed with the use of project management software, such as Microsoft Project or products such as Deltek Open Plan. In EVM, use of a project tool includes both project schedule and work scope or project scope.

Federal agencies require EVM in Request for Proposal (RFP) bids for contracts exceeding thresholds as low as $7 million. In RFP design, consideration must be given of project management software and management training that will meet federal contract requirements. In many federal acquisitions, a FAR contract (Federal Acquisition Requirements), call for a project proposal that requires EVM. This calls for RFP design that is best assured through the assistance of RFP services and with the uses of RFP templates. EVMS implementation management and project implementation is often overseen by the DCMA. Contractors are not the only ones affected. Government consulting is often provided to federal agencies for EVM even when government procuring is not involved. Both contactors and government agencies must be ready through audit preparation.