EVM usage in you projects

EVM calculations not only tells you the current rate of progress ( Schedule and Cost) but also helps in forecasting.

Unfortunately not, I am still waiting for August's figures, so estimates would be miles off! To be honest, it is very frustrating, as it causes many other issues too beyond the impossibility of using EVM.

Unfortunately, Kiron's insight holds true in my experience as well - many organizations lack the rigor of task planning to the work package level. From my perspective as an IT Program Manager, this is a significant contributor to project risk and increases the probability of project failure. Managing a project investment and providing variance analyses are key components of stakeholder communications - financial insight is the language of management.