The Standard for Earned Value Management None Edition by Project Management Institute

Earned value management (EVM) is considered by many to be one of the most effective performance measurement and feedback tools for managing projects. A central theme in this standard is the recognition that the definition for value in EVM has expanded. This book also integrates hybrid methodologies that blend together historical EVM concepts with the needs of the agile practitioner, all with an eye towards aiding the project team in enhancing overall project delivery. It provides insight and detailed explanations of the basic elements and processes of EVM, and demonstrates how to scale EVM to fit varying project sizes and situations. It also includes graphical examples and detailed explanations that will enable the reader to establish and implement EVM on projects in almost any environment and of almost every size. When used together with good project management principles, EVM methodology will provide a greater return on any project and results that will directly benefit your organization.