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

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+---
+id: 2026-04-21T11:55:50
+aliases: []
+title: 2026-02-17 16:36:35
+tags: []
+daily: "[[2026-02-17]]"
+dg-publish: true
+---
+# 2026-02-17 16:36:35
+
+[[earned-value-management]]
+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.