If you want to know the basics of project management, this guide and the others in The Neanderthal Series are available. The idea behind this series is to first concentrate on the basics and then progress to greater levels of complexity, if necessary. Seek simplicity first.
Project managers need an objective way to determine and evaluate project performance. Earned Value Management, using cost and schedule data, is one way to accomplish that. Project managers can generate information that provide an effective gauge for determining just how a project has performed and anticipate how well it will perform if current circumstances continue. Learning Objectives The learning objectives for this guide Know what is Earned Value Management (EVM) and its application Identify the requirements for its success Recognize its benefits and challenges Understand its key variables and their relationships when performing EVM calculations and interpreting their results Understand the basics