5 Ingredients in the EVM Secret Sauce

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5 Ingredients in the EVM Secret Sauce
Chris Bell   (August 17, 2009)




Here are five challenges often encountered during earned value management implementations, and the steps that your organization should take to avoid or overcome them.

Most project management practitioners will tell you that implementing earned value management (EVM) processes and technology is not easy. EVM rules and regulations are lengthy, detailed and often ill-defined within most companies.
 
In this article, culled from hundreds of EVM initiatives, are five commonly encountered challenges related to EVM implementation, and the steps that organizations can take to avoid or overcome them.
 
 
Challenge One: Lack of Management Buy-in to EVM Initiatives
The first challenge that we often see with EVM initiatives is getting them off the ground correctly in the first place.



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