Right-Sized EVM
Earned Value Management does not need to be a difficult process. If EVM is easy, you are more likely to use it on every project. We often advocate for using an EVM approach that works best for you, or “Right-Sized EVM.” These are a set of core processes, inputs and outputs that are practical to maintain. The result is a widely applicable version of EVM that provides better insight into the performance of any project and drives informed business decisions.
In order to achieve an optimized but easy EVM process for your organization, you must first build a solid platform for budgeting, forecasting and change management. Then, templatize and standardize progress measurement, reporting, EV terminology and metrics. The right software can help you create a centralized hub for EVM that gives you a full picture of project performance. To learn more about Right-Sized EVM and what capabilities you should look for in EVM software, download our eBook.
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