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:
“The old-fashioned idea that the simple piling up of experiences, one on top of another, can make you an artist, is, of course, so much rubbish. If acting were just a matter of experience, then any busy harlot could make Garbo’s Camille pale.”
—Helen Hayes (1900–1993)
“A resolution to avoid an evil is seldom framed till the evil is so far advanced as to make avoidance impossible.”
—Thomas Hardy (1840–1928)