Demystifying Earned Value
This was a joint event held on 17 June 2025 with the IET. We explored, how Earned Value Management (EVM) integrates project scope, schedule, and cost to provide a comprehensive view of project performance. We also clarified the fundamental concepts and practical applications of EVM.
Key metrics such as Planned Value (PV), Earned Value (EV), and Actual Cost (AC), including PMB, EAC, ETC, ACWP, BCWP etc. will be thoroughly covered throughout the presentation. We also demonstrated how these metrics are used to assess project health.
Additionally, we highlighted the benefits of using EVM for forecasting future performance, identifying potential issues early, and making informed decisions to keep projects on track. By the end of the presentation, attendees should have a clear understanding of how EVM can enhance project management and contribute to successful project outcomes.
This event was beneficial for all Design Managers and Project Managers, whether experienced or new to the field.
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