Introduction to Earned Value Management (EVM) provides an overview of the basic concepts and highlights industry trends in its usage over the decades.
This paper presents in an easy to understand language an overview of Earned Value Management (EVM). It helps answer these basic questions about the methodology:
- What is EVM?
- What are the key benefits and limitations?
- An extension to the Basic EVM Model
- How to ensure data quality to the EVM system
- How to communicate value created to stakeholders?