White Paper

Earned Value Management: A Tool for Project Management Success

Earned Value Management: A Tool for Project Management Success

Pages 9 Pages

This white paper introduces earned value management (EVM) as a structured methodology for integrating scope, cost, and schedule to improve project control. It explains how EVM provides objective performance measurement, early warning indicators, and more reliable forecasts. The document outlines the EVM lifecycle, from planning and baseline development to execution, monitoring, and closeout. It also discusses compliance requirements for government contracts and the role of enabling technology. EVM is positioned as a proven approach to reducing risk, improving predictability, and enhancing overall project success.

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