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Earned Value Management (EVM)

Earned Value Management (EVM) is a project management technique that measures the performance and progress of a project via its scope, schedule, and cost. EVM aids in accurate forecasting, reducing risk, and improving project success through effective cost and schedule management.

Level 1: Emerging

At an emerging level, you grasp basic Earned Value Management concepts, continuously learn to apply them effectively in monitoring project performance and budget utilisation, but under guidance.'

Level 2: Proficient

At a proficient level you are proficient in Earned Value Management (EVM), able to accurately measure project performance and forecast future outcomes based on analyzing cost and schedule variances.

Level 3: Advanced

At an advanced level, you are proficient in applying Earned Value Management (EVM) techniques to accurately measure project performance and forecast future outcomes, enhancing project success and decision-making in project management.

Where is this capability used?