The objective of this Standard is to provide guidance for practices of earned value management in project and programme management. It is applicable to any type of organization including public or private and any size or sector, as well as any type of project or programme in terms of complexity, size or duration.
Table of contents
Header
About this publication
Preface
Foreword
Introduction
1 Scope
2 Normative references
3 Terms, definitions and abbreviated terms
3.1
3.2
4 Overview of earned value management
4.1 Earned value management
4.2 Purpose and benefits of earned value management
4.3 Guidelines for an earned value management system
4.4 Earned value management planning
4.5 Using earned value measurements and performance metrics
5 Earned value management process steps
5.1 General
5.2 Step 1: Decompose the project or programme scope
5.3 Step 2: Assign responsibility
5.4 Step 3: Schedule the work
5.5 Step 4: Develop time-phased budget
5.6 Step 5: Assign objective measures of performance
5.7 Step 6: Set the performance measurement baseline
5.8 Step 7: Authorize and perform the work
5.9 Step 8: Accumulate and report performance data
5.10 Step 9: Analyse performance data
5.11 Step 10: Take management action
5.12 Step 11: Maintain the baseline
6 Earned value management system review
6.1 General
6.2 Integrated baseline review
6.3 Demonstration review
6.4 Surveillance
Annex A
A.1 General
A.2 Performance measurement indicators and predictors
A.3 Cost performance measurements
A.4 Schedule performance measurements
A.5 Additional benefits of performance measurement analysis
Annex B
B.1 Earned schedule
B.2 Earned schedule prerequisites
B.3 Using earned schedule performance measurements
