Earned Value Management
Measurement of project performance
Earned Value Management (EVM) is a technique used for measuring project performance and progress in an objective manner. It combines scope, cost, and schedule measurements to assess project performance and progress.
5 minutes
5 Questions
Concepts covered: Estimate at Completion (EAC), Actual Cost (AC), Cost Performance Index (CPI), Cost Variance (CV), Planned Value (PV), Schedule Variance (SV), Estimate to Complete (ETC), Earned Value (EV), Schedule Performance Index (SPI), To-Complete Performance Index (TCPI)
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