Scribd
Upload
30 views1 page

Evm Overview

Earned Value Management explination

Uploaded by

Farid Farid
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
30 views1 page

Evm Overview

Earned Value Management explination

Uploaded by

Farid Farid
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

EVM - OVERVIEW

http://www.tutorialspoint.com/earn_value_management/evm_overview.htm Copyright © tutorialspoint.com

Earned Value Management EVM is a project management technique that objectively tracks
physical accomplishment of work.

More elaborately:

EVM is used to track the progress and status of a project and forecasts the likely future
performance of the project.

EVM integrates the scope, schedule, and cost of a project.

EVM answers a lot of questions to the stakeholders in a project related to its performance.

EVM can be used to show the past and the current performance of a project and predict the
future performance of the project by the use of statistical techniques.

Good planning coupled with effective use of EVM will reduce a lot of issues arising out of
schedule and cost overruns.

EVM has emerged as a financial analysis specialty in United States Government programs in the
1960s, but it has since become a significant branch of project management.

In the late 1980s and early 1990s, EVM emerged as a project management methodology to be
understood and used by managers and executives, not just EVM specialists. Today, EVM has
become an essential part of every project tracking.
Loading [MathJax]/jax/output/HTML-CSS/jax.js

You might also like