Independent Verification & Validation
Independent Verification & Validation (IV&V) is a project health check, or an overall project risk assessment, performed by an independent third party, to help ensure that a project is being executed according to established project plans. The IV&V can help to verify and validate that a project is on track to meet its established goals, budget, and schedule.
- All very large, high risk, complex information technology projects (except those involving research projects, research initiatives, or instructional programs) require IV&V services.
- The project's budget is responsible for all costs associated with IV&V services.
- IT project managers are responsible for scheduling a project review session with the University CIO and the project sponsor to discuss IV&V service options.
Commonwealth of Virginia IT Project Reporting
All IT projects (except those involving research projects, research initiatives, or instructional programs) that exceed $1 million are subject to quarterly state reporting and must be reviewed with the University CIO.