Earned Value Management (EVM)

Earned Value Management or EVM is the best performance measurement method available for determining cost and schedule performance of a project by comparing "planned" work with "accomplished" work in value terms.

It is an incredibly powerful approach that defines, budgets and schedules the project scope in a logical structured manner, enabling unambiguous measurement of performance during a project.  EVM can be used on any project in any industry.

At SYPAQ, we take a practical and pragmatic rather than theoretical approach to performance management.  We have unrivalled expertise in the design, development, review and operation of performance management systems based on earned value principles.

We work to quickly appreciate our client's project environment and then relate the concepts of EVM in a practical manner that ensures we quickly establish greater visibility and control for our clients over their project endeavours.

We integrate EVM with existing management systems within your enterprise.

We can demonstrate the benefits of using EVM as an enterprise governance strategy.

We are as world leader in the provision of Earned Value Management training.

There are a number of standards that address EVM.  The most recent was released in January 2006 by Standards Australia and is titled AS4817-2006, Project Performance Measurement Using Earned Value.  Copies are available online through Standards Australia.

We would be happy to send you a mousemat to use as an EVM aide-memoire.  It depicts the 11 steps of the AS4817 EVM process along with EVM terminology and formulae.