EARNED VALUE MANAGEMENT

Project Management Glossary

Project Management — Earned Value Management

 

 

 

 

 

 

Argos Home

 

 
 


Information on Earned Value Management

Earned value management (EVM) is the term used to refer to management of earned value (EV), which is the amount of the project (or activity, or work-package) budget earned by the developer up to a certain point, normally earned so far (since the project element began). Earned value management (EVM) is described in the ANSI/EIA 748-98 standard. Earned value management (EVM) allows the evaluation of contractor management systems. Earned value management (EVM) replaced the cost/schedule control systems criteria (C/SCSC).


Other topics in our resources on Project Management related to Earned Value Management include: 
 
  • Earned Value (EV)
  • Earned Value Management System (EVMS)
  • Value Engineering
  • Value Management
  •  

    Please contact Argos Press to nominate other entries to be added to the glossary. © Argos Press Pty Ltd, Canberra, 2003-2004. All rights reserved. Please contact Argos Press Pty Ltd for all requests to reproduce, broadcast, adapt and communicate Argos Press content (for example this entry on Earned Value Management).