sexta-feira, 11 de março de 2016

About Earned-Value Management (EVM)

The topic here is Software Development, but with time you'll learn that a team without management will under-perform (and this is more true for large teams).

Sometimes, if you're a software engineer (or product assurance engineer) you'll be on progress meetings where the project performance is being reviewed and some strange acronyms will start being referred (CPI, SPI, etc.).
Some of these are Earned-Value Management Indicators (EVM Indicators). What are these? Google will tell you. For now I'll just share with you these neat cheat sheets and/or summaries:

There are also good books for a jump start on these topics:
  • Project Management for Dummies (Stanley / Portny): Amazon.

PS. For a description of WISE EVM indicators please read the WISE Project Module Guidebook (INTERNAL). Examples of how they are shown internally to PMs can be seen here (INTERNAL).




PS. EVM is NOT enough for Project Monitoring and Control for certain levels of maturity as required by the Capability Maturity Model (CMMI). We'll need more on our QMS. More on this later on. One of these days.

(2016-05-12: Added book, WISE GBK, screenshot; 2017-05-02: shortened URL, minor rephrases)