Document Type
Closed Project
Publication Date
Winter 2007
Instructor
Dinesh Shah
Course Title
Project Management in Engineering and Technology
Course Number
ETM 545/645
Abstract
Earned Value Management (EVM) is a project management tool to monitor the performance of the project such that should applied correctly, it provides an “early warning signal” to the project manager, to senior management, and to the customer and underlines the possible need for corrective action. It incorporates three critical elements of project management: scope, time and cost. It allows the calculation of cost and schedule variances and performance indices, and forecasts the project cost and schedule at completion. The central focus of EVM is the accurate measurement of the physical work performed against a baseline plan.
Persistent Identifier
http://archives.pdx.edu/ds/psu/22804
Citation Details
Kamali, Bulent and Nkansah, Felix, "Earned Value Management and its Complementary Counterpart: Earned Schedule" (2007). Engineering and Technology Management Student Projects. 927.
http://archives.pdx.edu/ds/psu/22804
Description
This project is only available to students, faculty, and staff of Portland State University.