Using EVM in IT, McCauley says, "is not a matter of if; it's a matter of when."

Sidebar

An EVM primer

Earned value management is based on several figures that are used to calculate a project's progress. You can measure in dollars or time.

Planned value (PV): This is the value of all resources needed to do the work to meet the project's objective. Although most project managers calculate PV in dollar terms, some calculate it in terms of time -- the number of hours it's expected to take to complete the project.