Skip to content

Demystifying Earned Value

Added to your CPD log

View or edit this activity in your CPD log.

Go to My CPD Only APM members have access to CPD features Become a member Already added to CPD log

View or edit this activity in your CPD log.

Go to My CPD
Login to bookmark this
Added to your Saved Content Go to my Saved Content

On Tuesday, 17 June 2025, the APM Midlands Network and the Institution of Engineering and Technology (IET) joined forces to deliver a dynamic and thought-provoking event: Demystifying Earned Value – Understanding Earned Value Management (EVM).

More than just a financial metric, Earned Value Management (EVM) is a powerful method for tracking project performance—answering the vital question:

“How much value have we earned for the money spent?”

To apply EVM successfully, a solid foundation is key. Attendees explored six essential components:

  • Work Breakdown Structure (WBS): Defines the full scope of work
  •  Performance Baseline: Aligns scope, schedule, and cost targets
  • Integrated Measurement Baseline (IMB): Sets a time-phased budget for tracking progress
  • Earned Value Measurements: Tracks Planned Value (PV), Earned Value (EV), and Actual Cost (AC)
  • Data Collection & Reporting: Ensures performance is consistently tracked and communicated
  • Forecasting: Helps predict future performance, including Estimate at Completion (EAC)
  1. Trend Curves: Useful for identifying performance patterns and enabling proactive forecasting
  2. Be Cautious: EVM demands accurate, consistent data—it's a mindset, not a checkbox
  3. Challenges: Fast-paced environments, team unfamiliarity, and inconsistent data can all pose hurdles
  4. Benefits: Delivers objective insights, early warning signals, stronger forecasting, and clearer stakeholder communication

The session wasn’t just informative—it was interactive and fun! With plenty of food, laughs, and a buzzing Q&A, it was a great opportunity to learn and connect. Spot quizzes and thoughtful questions even earned some attendees surprise gifts!

A huge thank you to our expert speakers, Manish Khanna and Behnam Sarani from AtkinsRealis, for generously sharing their knowledge. And of course, thank you to everyone who attended and made the event a success.

Behnam and Manish have very kindly allowed their presented material to be made available for viewing. The slides on Slideshare now available in our APM resources area and also embedded below for reference.

Speakers:

Behnam Sarani -  Project Director, Transportation, AtkinsRéalis

A Project Director in AtkinsRéalis Transportation, Behnam has 22 years of experience in safely delivering projects in  Rail, Aerospace, and Automotive sectors. Specialising in delivering complex multi-disciplinary Design & Build projects, he recently joined the HS2 EDP programme. As an AtkinsRéalis ChPP scheme sponsor, Behnam works in a team to develop bespoke schemes supporting colleagues in achieving APM ChPP accreditation. Additionally, he is an assessor for the APM ChPP programme, undertaking assessments of both written and interview stages.

Manish Khanna - Project Controls Manager, Transportation, AtkinsRéalis

Manish Khanna, FAPM, PMP, CEng, is a highly experienced, motivated and result oriented professional in the field of Transportation Project Controls & Management with a proven track record in delivering small/medium and large transportation & infrastructure projects while working with AtkinsRéalis in Sharjah (UAE), Bangalore (India) & Birmingham (UK). Manish does volunteer with APM, PMI, IET and mentor / coached lot of apprentices and young professionals. As an AtkinsRéalis FAPM scheme sponsor, Manish is a Single point of contact (SPOC) for UK& I team to mentor / coach the applicants for Fellow with APM. Manish is also a Professional Review Assessor & Interviewer with IET for CEng, I Eng applications.

 

 

 

 

0 comments

Join the conversation!

Log in to post a comment, or create an account if you don't have one already.