Earned Value-Added

Abstract

Earned value management [EVM] ...either you swear by it, or swear at it. Either way, there s no getting around the fact that EVM can be one of the most efficient and insightful methods of synthesizing cost, schedule, and technical status information into a single set of program health metrics. Is there a way of implementing EVM that allows a program to reap its early warning benefits while avoiding the pitfalls that make it infamous to its detractors? That s the question recently faced by the International Space Station [ISS] program.