Earned Value Management EVM Principles ...

The Earned Value Management methodology enables visibility into cost, schedule, and technical progress on projects to measure and manage performance. ...

Earned Value Management EVM Principles: Via DOE: EARNED VALUE MANAGEMENT APPLICATION GUIDE ...

... "Principles of Earned Value Management (EVM): All work is planned to completion; The work is broken down into finite product-oriented components that can be assigned to a responsible organization; The scope, schedule and cost objectives are integrated into a plan by which progress can be measured; Actual costs are recorded; Performance is objectively measured; Variances and deviations are analyzed, impacts are forecasted and estimates at completion are based on the actual performance to date; Changes to the performance measurement baseline are controlled; " ...