Library of Congress Cataloging-in-Publication Data
Names: Project Management Institute, issuing body.
Title: The standard for earned value management / Project Management Institute. Description: Newtown Square : Project Management Institute, Inc.,
2019. | Includes bibliographical references and index. | Summary: “Earned value management (EVM) is a management methodology for integrating
scope, schedule, and resources; objectively measuring project performance and progress; and forecasting project outcome. It is considered by many
to be one of the most effective performance measurement and feedback tools for managing projects. The Standard for Earned Value Management
builds on the concepts for EVM described in the Practice Standard for Earned Value Management and includes enhanced project delivery information,
by integrating concepts and practices from the PMBOK
®
Guide - Sixth Edition and The Agile Practice Guide. A central theme in this standard is the
recognition that the definition for value in EVM has expanded. While the term retains its traditional definition in terms of project cost, it embraces
current practice by including the concept of earned schedule. This standard 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. This standard
is a useful tool for experienced project management practitioners who are seeking to expand and update their knowledge of the field as well as less
experienced practitioners who want to learn other approaches for managing project performance. 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. This standard 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”-- Provided by publisher.
Identifiers: LCCN 2019044299 (print) | LCCN 2019044300 (ebook) | ISBN
9781628256383 (paperback) | ISBN 9781628256390 (epub) | ISBN
9781628256406 (kindle edition) | ISBN 9781628256413 (pdf)
Subjects: LCSH: Project management--Standards. | Project management--Methodology.
Classification: LCC HD69.P75 S734 2019 (print) | LCC HD69.P75 (ebook) | DDC
658.4/04--dc23
LC record available at https://lccn.loc.gov/2019044299
LC ebook record available at https://lccn.loc.gov/2019044300
ISBN: 978-1-62825-638-3
Published by:
Project Management Institute, Inc.
14 Campus Boulevard
Newtown Square, Pennsylvania 19073-3299 USA
Phone: +610-356-4600
Fax: +610-356-4647
Internet: www.PMI.org
©2019 Project Management Institute, Inc. All rights reserved.
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The paper used in this book complies with the Permanent Paper Standard issued by the National Information Standards Organization (Z39.48—1984).
PMI, the PMI logo, PMBOK, OPM3, PMP, CAPM, PgMP, PfMP, PMI-RMP, PMI-SP, PMI-ACP, PMI-PBA, PROJECT MANAGEMENT JOURNAL, PM NETWORK, PMI TODAY, PULSE OF THE
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