vault backup: 2026-04-21 12:13:32

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2026-04-21 12:13:32 -04:00
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@@ -13,16 +13,3 @@ Earned value management (EVM)
is a [[project-management]] technique
...
EVM is frequently stated to be capable of
"measuring project performance and progress
_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.