EVM puts project costs in perspective
Abstract: When it comes to job costs, the one thing every contractor needs is perspective. With project data coming at them from all directions, obtaining the perspective needed to properly assess these situations isn’t easy. One way to process this information more efficiently and draw critical strategic conclusions is earned value management (EVM). This article explores EVM — a project management technique that measures job progress in dollars, giving contractors an objective assessment of both cost and schedule performance.