Earned Value or Earned Value Management (EVM) is a key concept in project management. The roots of this date back to the 1960s in government contracting.

Earned Value Management (EVM): A project control technique that provides a comprehensive view of project progress by comparing planned versus actual performance.

The Advantages of Using Earned Value Management. The ultimate goal of any project is that it meets its deadlines, accomplishes its objectives and comes in at or under budget.

Earned value management is a tool for getting control of projects before it's too late. Here's how it works.

For the first 30 years of its existence, EVM was the exclusive tool of large, defense-related projects and was called cost schedule control system criteria (C/SCSC) .

The calculations and information yielded by EVM are only as good as the original estimate and the underlying cost data. It can’t make value judgements about a project.

Earned value management (EVM), which involves the comparison of planned budgets with actual cost and work performed, has been a core project-management technique for over half a century.

On Demand Join us for an in-depth exploration of Earned Value Management (EVM) best practices. This webinar will highlight the critical importance of accurate unit rates and detailed budgeting to ...

The benefit of EVM is actually greater on contracted projects where scope, schedule and costs are fixed, making EVM effective with any project regardless of contract type.