Earned Value Management
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− | Earned Value Management | + | Earned Value Management (EVM) is a method for measuring a project’s performance. Earned Value Management is a complex task of controlling and adjusting the baseline project schedule during execution, taking into account project scope, timed delivery and total project budget. |
+ | The method is useful during execution of a project because it tells us where we are going with schedule and costs, indicating any variance to plan. |
Revision as of 10:08, 13 September 2015
Earned Value Management (EVM) is a method for measuring a project’s performance. Earned Value Management is a complex task of controlling and adjusting the baseline project schedule during execution, taking into account project scope, timed delivery and total project budget. The method is useful during execution of a project because it tells us where we are going with schedule and costs, indicating any variance to plan.