vault backup: 2026-03-05 11:54:28

2026-03-05 11:54:28 -05:00
parent 9aef6786fc
commit 2e9b58e7fe
8 changed files with 192 additions and 9 deletions
@@ -18,8 +18,15 @@ is a [[project-management]] technique

 EVM is frequently stated to be capable of
 "measuring project performance and progress
-in an _objective_ manner",[^1]
+_in an objective manner_",[^1]
 an analysis that is either optimistic
 or totally misleading, depending on the context.

 [^1]: [Wikipedia](https://en.wikipedia.org/wiki/Earned_value_management) (emphasis added)
+
+
+EVM can be an objective measure of _progress_,
+but measuring _performance_,
+variance of actual cost/hours versus estimated,
+(obviously) requires an estimate,
+which is subject to bias and error.