Earned Value Management

Mario Vanhoucke

Chapter Chapter 2 in Integrated Project Management and Control, 2014, pp 17-31 from Springer

Abstract: Abstract Earned Value Management (EVM) is a methodology used to measure and communicate the real physical progress of a project and to integrate time, cost and scope into a single project management and control system. It takes into account the work completed, the time taken and the costs incurred to complete the project and it helps to evaluate and control project risks by measuring project progress in monetary terms. The basic principles and the use in practice have been comprehensively described in many sources (Fleming and Koppelman 2005).

Keywords: Earned Value Management (EVM); Measure Project Progress; Control Project Risks; Baseline Schedule; Schedule Performance Index (SPI) (search for similar items in EconPapers)
Date: 2014
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Chapter: Earned Value Management (2013)
Chapter: Earned Value Management (2012)
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DOI: 10.1007/978-3-319-04331-9_2

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