From YourSITE.com
New Study Reveals Benefits of Earned Value Management (EVM)
By FCW.com
Nov 30, 2007, 17:06
In 2005, the Office
of Management and Budget mandated that agencies use the technique for
new major information technology projects, encompassing the Bush
administration’s emphasis on program performance and outcomes in the
President’s Management Agenda.
A potential benefit of EVM “from an oversight
perspective is to provide a picture of the status of a major capital
investment as a ‘snapshot’ in time,” Bass wrote in the report.
As a
result, EVM can generate metrics that let managers take corrective
action if a project goes off track.
To read more about the benefits of earned value management or evm, click here.
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