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Gantt charts tell us EVERYTHING we need to know about the project at a simple glance
Earned Value Management
In simple terms, Actual Cost shows us
Schedule Performance Index allows us to show
The Cost Performance Index (CPI) gives us a PERCENTAGE of the overall cost and shows us how we are doing as a PERCENTAGE.
Cost and Schedule Variance show us the actual DOLLARS and TIME we are ahead or behind in the project
EVM doesn’t have to be overly complex and is a great tool when used correctly
The ability to concisely brief the status of your projects will aid your efforts immensely
Knowing how your projects are actually performing is highly important to their success
You must use EVM on every project of any duration, size or complexity