Integrated Project Services

Earned Value Management or “EVM” is the process of comparing the actual project work completed versus the work that was originally planned. This comparison is then used to forecast the remaining duration and cost for the project to be completed. An accurate estimate, mutually agreed upon schedule, and comprehensive cost control system are the three key ingredients for successful EVM implementation.
Proper Earned Value Management provides summation metrics using accurate and updated field data. This allows project managers, coordinators, or executives to easily, and quickly, understand the status of their ongoing projects without the hassle of digging through the details. Superior project insight leads to better decision making when projects need it most.
Earned Value Management helps improve cost mitigation, the timely capture of changes or trends, more accurate forecasts, and much more. EVM also assists in securing project historical data in an organized manner. Past performance metrics can then be used to improve estimate precision on future projects.