Earned Value Project Management, Second Edition

Chapter 4. The Earned Value Body of Knowledge

In somewhat the same manner that the Project Management Institute (PMI®) has carefully documented the empirical evidence on the profession of project management, which has resulted in the creation and publication of A Guide to the Project Management Body of Knowledge (PMBOK® Guide), there has been a similar but less formal accumulation of data on the subject of Earned Value Management (EVM). Most of the data has been gathered by practitioners operating within the United States (U.S.) Department of Defense (DOD) community. While the concept of earned value began with the industrial engineers in the factories at the turn of the last century, the actual collection of knowledge centered on its practical ...