Earned Value Management (EVM)

Earned Value Management (EVM) is a project management technique used to assess project performance by comparing the value of work completed to the planned progress and actual costs. In Jamaica and globally, EVM provides a clear measure of how well a project is performing in terms of cost and schedule, enabling teams to identify variances, forecast future performance, and make informed decisions. By integrating cost, schedule, and scope data, EVM helps manage project efficiency and effectiveness, ensuring that objectives are met and resources are used optimally throughout the project lifecycle.