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:
“Although military, economic and political strength certainly favors the more powerful side, the matter of simple justice is a counterbalancing factor.”
—Jimmy Carter (James Earl Carter, Jr.)
“I dont say tis impossible for an impudent man not to rise in the world, but a moderate merit with a large share of impudence is more probable to be advanced than the greatest qualifications without it.”
—Mary Wortley, Lady Montagu (16891762)