Guide to What Is Earned Value Management

The Ultimate Guide to What Is Earned Value Management

Cost overruns on critical projects have become a significant problem. The budget for building the International Space Station was initially set at $36.75 billion. However, the actual expenses incurred were $105 billion, showing an increase of 186% over the original estimate. Additionally, it took an extra six years to complete the project.   No project manager wants to be in …