Earned Value Project Management

Organisations that follow the principles of good Earned Value Management (EVM) create an environment that allows teams to successfully operate and thrive - even in the face of challenges that could negatively impact their projects. Earned Value Project Management (EVPM) is a methodology used to measure and communicate the real physical progress of a project taking into account the work completed, the time taken and the costs incurred to complete that work. As a result, EVPM allows more educated and effective management decision-making, which helps evaluate and control project risk by measuring project progress in monetary terms.

Presents an introduction to earned value management techniques, discussing how they are used to monitor a project's performance against an earned value baseline, notify stakeholders of costs and timelines, and predict final project effectiveness.