Slide 1: Title Slide. Slide 2: Slide 1: Introduction to Earned Value Management (EVM). Slide 3: Slide 2: Lump Sum Subcontracts Explained. Slide 4: Slide 3: The Perceived Simplicity of EVM for Lump Sum. Slide 5: Slide 4: The Reality: Challenges of Applying EVM. Slide 6: Slide 5: Issue 1: Lack of Granularity and Transparency. Slide 7: Slide 6: Issue 2: Misaligned Incentives and Reporting. Slide 8: Slide 7: Issue 3: Difficulty in Accurate Forecasting. Slide 9: Slide 8: Alternative and Better Approaches. Slide 10: Slide 9: Key Takeaways. Slide 11: Slide 10: Q&A and Thank You