Enclosure 2: Program Management (Continued) • Program Baseline Development and Management • The APB is the fundamental agreement between the MDA/CAE/PEO/PM • Program Management Tools • Earned Value Management (EVM)…unless waived by the CAE • Risk Management…implement effective risk management • Cost Baseline Control and Use of “Should Cost” Management • PMs will develop a “should cost” estimate as a management tool designed to proactively target cost reduction and drive productivity improvement • International Acquisition and Exportability considerations… • Integrated into the Acquisition Strategy at each MS/Decision Point • International Cooperative Program – Any program/project with the U.S. and one or more foreign nations, through an international agreement, during any phase of the life-cycle 37
