An Effective Earned Value Management System (EVMS) is a Team Sport
Journal Article
·
· Project Management Journal
- Department of Civil Engineering and Construction Management, California State University, Northridge, CA, USA
- School of Sustainable Engineering and the Built Environment, Arizona State University, Tempe, AZ, USA
- National Center of Excellence on SMART Innovations, School of Sustainable Engineering and the Built Environment, Arizona State University, Tempe, AZ, USA
We present a novel framework to assess 27 earned value management system (EVMS) environment factors and investigate their impact on project performance. A study of the EVMS literature, a survey of practitioners, and focus group meetings with 36 EVMS industry and government experts, supported the development of the framework. Focus groups involving 80 practitioners refined and tested it. We analyzed performance data from 35 completed projects/programs representing over US$21.8 billion in total cost; a project demonstrating a positive environment could save up to 25% in cost versus baseline. Practitioners can develop an effective EVMS environment by following the provided guidance.
- Sponsoring Organization:
- USDOE
- OSTI ID:
- 2305752
- Journal Information:
- Project Management Journal, Journal Name: Project Management Journal Journal Issue: 4 Vol. 55; ISSN 8756-9728
- Publisher:
- SAGE PublicationsCopyright Statement
- Country of Publication:
- Country unknown/Code not available
- Language:
- English
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