Earned Value Management; Important for IT

There's a nice little writeup in Computerworld about Earned Value Management and its increasing use in IT.

The article offers the basics of EVM, along with the challenges in getting it widely used IT industry, particularly since EVM assumes that there's some sort of disciplined project management approach to begin with---which many IT organizations are still behind on.

It rightly positions EVM as a valuable tool for predicting budget overruns early in the project.

The article is below (there are a few good sidebars on EVM as well) ...

Earned Value Management - Computerworld