Question 1

Who is the Earned Value Professional (EVP) certification best suited for?

Accepted Answer

The EVP is best suited for project controls professionals, cost engineers, and project managers with hands-on experience implementing or overseeing Earned Value Management Systems (EVMS) on government or large capital projects. It is particularly valuable for those working in defense, aerospace, construction, or engineering sectors where EVM compliance is contractually required. Candidates typically have several years of practical EVM experience and are seeking formal recognition of their expertise.

Question 2

What is the exam format for the Earned Value Professional (EVP)?

Accepted Answer

The EVP exam is a written, closed-book examination consisting of multiple-choice and essay/short-answer questions covering earned value management principles, EVMS implementation, cost/schedule integration, performance measurement, variance analysis, and change management. The exam is typically administered at approved testing centers or during AACE events. Candidates must achieve a passing score as determined by AACE's psychometric standards. Specific question count and time limits are approximately 3–4 hours. Retake policies allow candidates to reapply after a waiting period if unsuccessful.

Question 3

What are the renewal requirements for the Earned Value Professional (EVP)?

Accepted Answer

The EVP certification must be renewed every three years. Recertification requires earning 30 Professional Development Hours (PDHs) over the three-year cycle through eligible activities such as attending AACE conferences, completing relevant coursework, publishing technical papers, or participating in professional activities. A renewal fee is also required. Failure to meet PDH requirements may require retaking the certification exam.

Question 4

What continuing education is required for the Earned Value Professional (EVP)?

Accepted Answer

30 Professional Development Hours (PDHs) are required over each 3-year renewal cycle. Eligible activities include attending AACE International conferences and webinars, completing relevant technical courses, authoring or co-authoring technical papers, serving in AACE leadership roles, and other approved professional development activities. PDHs must be reported to AACE at the time of renewal.

Question 5

What evidence is required for the Earned Value Professional (EVP)?

Accepted Answer

Candidates must submit an application documenting their education and professional experience in earned value management. Specific experience requirements include a combination of years of EVM-related work experience and relevant education (e.g., a degree in engineering, construction management, or a related field). Candidates must also agree to AACE International's Code of Ethics. Upon meeting eligibility requirements, candidates sit for a written examination.

Question 6

Who should NOT pursue the Earned Value Professional (EVP)?

Accepted Answer

Professionals who are new to project management or have no direct experience with Earned Value Management systems should pursue foundational credentials first, such as the PMI-SP or CAPM. Those working in industries or organizations where EVM is not a standard practice may find limited immediate employer recognition for this credential.

Question 7

What are alternatives to the Earned Value Professional (EVP)?

Accepted Answer

Alternative certifications include: PMI Scheduling Professional (PMI-SP), Certified Associate in Project Management (CAPM), Planning & Scheduling Professional (PSP), Certified Cost Professional (CCP), Defense Acquisition Workforce Improvement Act (DAWIA) Earned Value Management Certification.

Earned Value Professional (EVP)

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