Chapter 16. Earned Value and Real Project Cost Accounting
The subject of earned value as a management methodology has generated and will continue to generate considerable discussion in executive management circles, particularly among senior managers. The main discussion involves cost, schedule, and, most important, technical progress toward attaining project objectives. Maintaining schedule and budget is, alone, not significant, if the management teams are not demonstrating related progress in developing the desired deliverables that are the reason for the existence of the project.
The Project Management Institute (PMI®) defines earned value management (EVM) as:
A management methodology for integrating scope, schedule, and resources, and for ...
Get The Power of Enterprise-Wide Project Management now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
