Measure Project Performance Through Earned Value Analysis
Earned Value Analysis in ScheduleReader
Earned Value Analysis (EVA) is a method used to measure the project performance by analyzing specific schedule and cost KPI’s and variances as the project progresses towards completion.
The EVA method compares the planned work with the actual finished work, at a specific point of time.
EV analysis helps project managers and project controls to determine the current project status in terms of costs, schedule and scope and take further actions to keep the project within the planned budget and time-frame.