Earned value is a management technique that relates resource planning to schedules and to technical cost and schedule requirements. All work is planned, budgeted, and scheduled in time-phased “planned value” increments constituting a cost and schedule measurement baseline. There are two major objectives of an earned value system: to encourage organizations to use effective internal cost and schedule management control systems; and to permit the organization to be able to rely on timely data produced by those systems for determining the status of their project investment’s deliverables.
CMCS EVMS services include:
- Assessing EVMS maturity
- Implementing EVMS including procedures, roles and responsibilities
- Providing EVMS training directed toward Earned Value Professional (EVP) Certification
- Implementing EVMS computerized tool used Primavera Project Manager and Primavera Cost Manager
- Developing EVMS dashboard reporting
- Providing EVMS support services on a project basis
- Providing EVMS auditing services
