Project Tracking With EVM
Consider the same project, except this time the project plan includes pre-defined methods of quantifying the accomplishment of work. At the end of each week, the project manager identifies every detailed element of work that has been completed, and sums the PV for each of these completed elements. Earned value may be accumulated monthly, weekly, or as progress is made.
Read more about this topic: Earned Value Management
Famous quotes containing the words project and/or tracking:
“I wish to come to know you get to know you all
Let your belief in me and me in you stand tall
Just like a project of which no one tells
Or do ya still think that I’m somebody else?”
—John Ashbery (b. 1927)
“Such is the art of writing as Dreiser understands it and practices it—an endless piling up of minutiae, an almost ferocious tracking down of ions, electrons and molecules, an unshakable determination to tell it all. One is amazed by the mole-like diligence of the man, and no less by his exasperating disregard for the ease of his readers.”
—H.L. (Henry Lewis)