What is Earned Value Analysis?

Posted by Kevin Brady on Fri 13th April 2007 at 04:42 PM, Filed in Programme Management,  Project Management

Over the last couple of years, clients are increasingly requiring Earned Value Analysis (EVA) as part of our project progress /performance status reports. EVA is a very powerful project performance indicator, which is becoming more and more widely used.

The purpose of earned value analysis is to measure a project’s progress and help predict its outcome. Earned value analysis involves comparing a project’s actual progress to what the project was expected to achieve (as reflected in a baseline plan) at a specific point in the schedule /budget, and providing forecasts of this relationship going forward.

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