September 28 & 29, 2020 | Virtual
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You can absolutely use EVM but one of the challenges of using it when you don't have a fully defined SOW is defining your tasks. I think it was Steve Jobs who described how he does his best problem solving in the shower so he might estimate a problem as requiring 3 showers to solve.
Unless you have unlimited budget and time, at some point you need to somehow figure out how to judge when you think you'll be done and how you're progressing towards the solution.
You definitely can and should used EVM but it is not enough at its own because EVM parameters gives you an indication on how the project is performing numbers wise but does not reflect fully on the health of the project as it does not tell you if you are delivery value or not so you might be way ahead of schedule but not delivery the value required. Hope this makes sense !
I am using EVM in Agile environments. You can search for Alistar Cockbourn and Mike Cohn work on the file and CMU SEI work on the field to have a point of reference.
I´m also using it in some projects tailoring to my needs and using attached article as a reference. I work in a very predictive environment (aeronautic sector) so hybrid approach is the best way to integrate both ways of managing projects.
For a more inclusive assessment of project health, you may wish to add metrics and measurements/ratios for % budget expended, % Schedule duration expended, % Planned EVM VS % Actual, EVM and product/functionality achieved VS project charter goal.
Yes, we are using EVM.
Yes EVM is used / applied
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