How can you use earned value management to identify software project trends?
Earned Value Management (EVM) is a powerful technique that integrates cost, schedule, and scope to gauge project performance and progress. By utilizing EVM, project managers can identify software project trends by comparing planned values with actual costs and timelines. This comparison helps in determining if the project is on track, exceeding, or falling behind. EVM provides insight into the health of a project, forecasting potential risks, and enabling proactive decision-making.
March 18, 2024