Earned Value Management is Like a Speedometer

 
Earned Value Management > Best Practices

Earned Value Management is Like a Speedometer
Gim Olayinka Oni, Management Consultant, Nigeria, Member
Many projects are completed behind schedule and over budget because there are no proper monitoring and controlling steps taken.
If we consider a project as a "journey", the methodology as the "road", the resource as a "car", the project manager as the driver, then earned value management is like the "speedometer" of the car that consistently shows how the journey (project) is (really) progressing....Sign up 		 

 
Earned Value Management is like GPS Navigation Software
Paul D Giammalvo, Professor and Consultant, Indonesia, Member
Hi Gim, I found your analogy to be interesting, but not completely accurate.
I would suggest that an even better analogy would be to compare Earn...Sign up
  

 
Completing the Thoughts ..
Adriano A. Barbosa, Director, Brazil, Member
Hi Paul and Gim! Your analogies are very interesting, the comparison with cars can help build initial understanding. However, when using analogies car...Sign up
  

 
Earned Value Management is NOT Complicated at All
Paul D Giammalvo, Professor and Consultant, Indonesia, Member
Adriano and Gim, if you go here Practical Look at How Private Sector Entrepreneurial ...Sign up
  

 
Adding my Thoughts
Lucky Edjenekpo, Management Consultant, Nigeria, Member
I agree with Dr. PDG. EVM is not as complicated as it is thought to be by practitioners, surprisingly. As it is commonly said, the taste of the puddin...Sign up
  

   

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