A Practical Guide to Earned Value Project Management, 2nd Edition

CHAPTER 2

 

Project Management

Before we begin to discuss the application of the Earned Value Management System to projects, we will review some basic project management principles to ensure a common starting point. Experienced project managers may elect to skim this chapter. A common understanding of projects and their management provides the basic structure required to support EVMS.

Using project methods has become the recognized way to perform an organization’s work. After all, the work of most top executives primarily involves projects. The Project Management Institute, headquartered in the United States, and several comparable organizations in other parts of the world are dedicated to having project management achieve professional status ...