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.

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)

Time: 5 minutes   Questions: 5

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