22 August 2015 – New in the Library – “Connecting EVM with Agile” is a new paper by American earned value and program management expert Glen Alleman. This new contribution from the College of Performance Management was published in the August edition of the PM World Journal and added to the PM World Library this month.
According to the author’s introduction, “Before any of the current “agile” development methods, Earned Value Management provided information for planning and controlling complex projects by measuring how much “value” was produced for a given cost in a period of time. One shortcoming of an agile development method is its inability to forecast the future cost and schedule of the project beyond the use of “yesterday’s weather” metrics… Earned Value Analysis provides a means of predicting future schedule and cost variances through three measurements – budgeted cost for work scheduled, actual cost for work performed, and budgeted cost for work performed (earned value)… Before proceeding let’s look at some top level similarities between Earned Value Management and Agile Development…”
To read this paper, go to https://pmworldlibrary.net/authors/glen-b-alleman/ and click on the title. Access is free.
