Agile Earned Value Management

Earned Value Management (EVM), described in PMBoK by PMI, is a technique for measuring project performance and progress in an objective manner. Although EVM involves three areas of knowledge in project management: scope, schedule and cost, when we talk about EVM, in general, it is about budget management. It is well known that EVM offers one of the most efficient method of control and forecasting during the project. Because of its complexity, EVM technique is usually used on large projects, managed “by the book”, in traditional way as in PMBoK. The question is: Can Agile framework offer the same methods and techniques of control and predictability as EVM from traditional project management? Continue Reading →