Part 6 of our series about the Project Management Tool VNCproject gives an overview about EVM - Earned Value Management.
After our recent blog about EVM we received some further inquiries about EVM features. Therefore we are sharing some further details and definitions. The main purpose of this blog is to provide insight in the fundamental basics of EVM:
- Earned Value Management (EVM) is a project controlling technique that objectively tracks any physical accomplishment of work and predicts the future performance of a project.
In summary: EVM is an effective controlling method for project management that has been embraced by project managers around the world with success. It allows detailed project planning and provides realistic evaluations of ongoing projects considering various factors. It also provides reliable data to predict the expected future performance of a project.
_\- Written by Hanh Nguyen Tran - EVM specialist and project controller -_
Interested in information about VNCproject or on EVM in particular? Don't hesitate to contact us and make an appointment!