The Costs and Benefits of the Earned Value Management Process

Article by David S. Christensen, 1998, published in the Acquisition Review Quarterly

 

Assessments of the earned value management (EVM) process often focus on either the positives or the negatives. This article takes a different approach with the intent to provide an objective evaluation and provide a balanced view of the issue. The author completed a comprehensive literature review as well as summarized the results of studies analyzing the costs and benefits of earned value. The article provides a summary of the ten benefits that can be gained from implementing an Earned Value Management System (EVMS).