Time is Money: The Importance of Earned Value Management
MPUG
APRIL 25, 2022
In other words, EVM helps you quantify the performance of a project. It compares costs and schedules to a baseline to determine if the project is on track. Definitions. Let’s define such using PMI as our guide: Earned value (EV) is the measure of work performed, expressed in terms of the budget authorized for that work.
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