diff --git a/timestamped/2026-02-17_16-36-35.md b/timestamped/2026-02-17_16-36-35.md index 81509a4..b7791a9 100644 --- a/timestamped/2026-02-17_16-36-35.md +++ b/timestamped/2026-02-17_16-36-35.md @@ -15,8 +15,13 @@ 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_, +EVM can be argued to 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. +(obviously) requires estimates, +which are subject to bias and error. +If you argue that subject matter expert estimates _are_ objective +under the Bayesian interpretation, +then sure, but then EVM is not unique. + +