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vault backup: 2026-04-21 12:30:40

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Zane Meyers
2026-04-21 12:30:45 -04:00
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timestamped/2026-02-17_16-36-35.md
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@@ -15,8 +15,13 @@ or totally misleading, depending on the context.
[^1]: [Wikipedia](https://en.wikipedia.org/wiki/Earned_value_management) (emphasis added) [^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_, but measuring _performance_,
variance of actual cost/hours versus estimated, variance of actual cost/hours versus estimated,
(obviously) requires an estimate, (obviously) requires estimates,
which is subject to bias and error. 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.