In this article, we will take a look at formulas and processes available to project teams using an Earned Value Management System (EVMS). These formulas operate on the same principle as any such a system, vulnerable to a garbage in […]
Burned and earned hours are sometimes misunderstood. What are they? How do you calculate them? This article takes a deeper look at what these hours are and how to calculate them. What are Burned and Earned Hours? Burned hours, in […]
When it comes to project management, the percent complete is an incredibly important measure. It’s a statistic that can be used to determine the status of a task in relation to its overall completion. From a management perspective, it also […]
Whether you are new to the principles of Earned Value, this article will give you an explanation of what is really involved in measuring progress on your investment. We will also provide some basic ways to keep your project on […]
This series is designed to work our way from the basics of Earned Value Management (EVM), into the best practices, and eventually beyond, to explore improvements and advanced concepts. The intent is to provide a roadmap for those looking to […]