Using EVM with Microsoft Project Server

Earned Value is a measure of work performed. Techniques for measuring work performed are selected during project planning and are the basis for performance measurement during project execution and control.

 

Often in my career as a Project Manager, I have used Earned Value Measurement by utilizing Microsoft Project Server. It has all the fields you need to accurately report on the Earned Value of a project. As I have said in previous posts, I have my team members not only update their expended time each day but also the remaining work. Microsoft Project can do all the work to adjust the schedule and tell you where your new critical path is. This gives you time to make adjustments to the project before it gets any worse.

 

The performance of separate and distinct work effort that is related to the completion of specific and tangible end products or services, and which can be directly planned and measured, is called discrete effort. In comparison, effort applied to project work that is not readily divisible into discrete efforts for that work, but which is related in direct proportion to measurable discrete work efforts, is called apportioned effort, and support-type activity that does not produce definitive end products is referred to as level of effort.