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Earned value (EV) metric
Strategic perspective
Operational processes and supply chain perspective
Key performance question this indicator helps to answer
To what extent are our projects making the desired progress?
Why is this indicator important?
With the previous two KPIs (PSV and PCV) we looked at the performance level after project completion. Especially for bigger and longer projects it is useful to monitor actual progress to date to get an understanding of where we are compared to where we should be.
To this end the earned value (EV) metric has been developed. EV is a project tracking measure that looks at the cost of work in progress and allows companies to understand how much work has been completed compared to how much was ...
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