29 lines
732 B
Markdown
29 lines
732 B
Markdown
---
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id:
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aliases: []
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title: Earned Value Management
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tags:
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- topic/ergonomics/organizational
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- type/encyclopedia-entry
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dg-publish: true
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---
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# Earned Value Management
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Earned value management (EVM)
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is a [[project-management]] technique
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...
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EVM is frequently stated to be capable of
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"measuring project performance and progress
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_in an objective manner_",[^1]
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an analysis that is either optimistic
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or totally misleading, depending on the context.
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[^1]: [Wikipedia](https://en.wikipedia.org/wiki/Earned_value_management) (emphasis added)
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EVM can be an objective measure of _progress_,
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but measuring _performance_,
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variance of actual cost/hours versus estimated,
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(obviously) requires an estimate,
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which is subject to bias and error.
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