CHAPTER 5
The Need for an Earned Value Management Maturity Model
An earned value management system (EVMS) is a set of activities, methods, policies, and practices that is used to develop and maintain an earned value management baseline, measure project performance, produce performance variance reports, predict program outcomes, and, when justified, revise baselines. As an organization matures, the earned value management system process becomes better defined and more consistently implemented throughout an organization. The earned value management system also provides better instrumentation of the project and thus produces better data, resulting ...
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