Chapter 19: Earned Value Management: Execution

In the previous chapter, we discussed the 13 fundamental steps in the EVM process and the EVM best practices. Next, we will expand upon some of the steps and provide more detail on executing EVM. First, we cover the validation of the performance measurement baseline through the conduct of the integrated baseline review. Second, we discuss contract performance reports, how to use them to analyze EVM performance data, and describe the monthly analysis that should be performed. Next, we cover the projection of future performance through the calculation and use of estimates-at-complete. We describe the presentation of EVM analysis to management, and the continual updating of the program cost estimate to reflect actual data and reasons for any variances until the program is completed.