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:
“Well, I had gone and spoiled it again, made another mistake. A double one in fact. There were plenty of ways to get rid of that officer by some simple and plausible device, but no, I must pick out a picturesque one; it is the crying defect of my character.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“Knowledge is a comfortable and necessary retreat and shelter for us in an advanced age; and if we do not plant it while young, it will give us no shade when we are old.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)