Earned value management is a tool for getting control of projects before it's too late. Here's how it works.

Earned value management (EVM), which involves the comparison of planned budgets with actual cost and work performed, has been a core project-management technique for over half a century.

The Advantages of Using Earned Value Management. The ultimate goal of any project is that it meets its deadlines, accomplishes its objectives and comes in at or under budget.

The benefit of EVM is actually greater on contracted projects where scope, schedule and costs are fixed, making EVM effective with any project regardless of contract type.

Earned Value Management (EVM): A project control technique that provides a comprehensive view of project progress by comparing planned versus actual performance.

The calculations and information yielded by EVM are only as good as the original estimate and the underlying cost data. It can’t make value judgements about a project.

Embrace EVM to see its value and transform your approach, rather than fearing it. Many view Earned Value Management (EVM) as overly complex, but with the right system, its benefits become clear.

Earned Value or Earned Value Management (EVM) is a key concept in project management. The roots of this date back to the 1960s in government contracting.

Once EVM becomes part of your project-management approach and your organizational culture, the benefits you’re likely to realize are substantial.

On Demand Join us for an in-depth exploration of Earned Value Management (EVM) best practices. This webinar will highlight the critical importance of accurate unit rates and detailed budgeting to ...