Martin TalbottPM Consultant| JMB Project Associates, LLC.Noblesville, In, United States
I am researching methods to apply Earned Value Management. Into Agile projects to clearly represent value to the business as we complete work. Thoughts and suggestions are welcome. Saving Changes...
You have to be careful in using it for controlling purposes, as CPI and SPI focus on cost and schedule, whereas in agile the working product increment reviewed iteration by iteration is the key indicator. Furthermore, you do not have an overall baselined plan to measure against as product refinement is continuously ongoing. This constraints must be taken in consideration when applying EVM. Saving Changes...
If your product owner has the ability to associate value (E.g. $) with individual work items, then as each work item is completed you can provide a view of value delivered vs. the cost of delivery which if you have a dedicated team should be a fixed burn rate.
The difficulty is that AC, EV and BAC can be determined, but metrics such as PV will be hard to calculate since there likely would be no detailed plan as of a point in time which would have been baselined.
Why not initially express the value of EVM into your business case.To do it in an agile project is very tricky and could cause complications when presenting completed work specifically considering the absence of baselines.Once the product backlog starts being defined one can start building the business case with an elaboration of expected EVM,This can be a living document taking into account the progress and tracking it against the business case.This can also fit into agile as the iterations are done you assess using the business case as your baseline document Saving Changes...
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
The problem with EVM in Agile is that it’s not enough on its own. I can show you progress, how yoj’re Doing schedule and cost wise but it doesn’t show if you are delivering business value or not. Saving Changes...
Martin TalbottPM Consultant| JMB Project Associates, LLC.Noblesville, In, United States
Thank you Peter, Kiron, Nhiakanipho, and. Rami for your response to my question. I appreciate the your guidance. Saving Changes...
My thinking is the EVM cannot be applied to Agile projects as it relies on measuring what you have done and spent against what you planned to do and spend. In Agile the latter is mostly lacking, so Agile projects need something different to EVM. I will be interested to see what alternative can be applied to Agile projects. Saving Changes...
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