Scaling EVM From Simple To Advanced Implementations
The foundational principle of EVM, mentioned above, does not depend on the size or complexity of the project. However, the implementations of EVM can vary significantly depending on the circumstances. In many cases, organizations establish an all-or-nothing threshold; projects above the threshold require a full-featured (complex) EVM system and projects below the threshold are exempted. Another approach that is gaining favor is to scale EVM implementation according to the project at hand and skill level of the project team.
Read more about this topic: Earned Value Management
Famous quotes containing the words simple and/or advanced:
“Nothing can rightly compel a simple and brave man to a vulgar sadness.”
—Henry David Thoreau (1817–1862)
“Among the earliest institutions to be invented, if I read the stars right, is a Protestant monastery, a place of elegant seclusion where melancholy gentlemen and ladies may go to spend the advanced session of life in drinking milk, walking the woods & reading the Bible and the poets.”
—Ralph Waldo Emerson (1803–1882)