Description
Earned Value Management (EVM) is a performance management process based on a structured approach to planning, data gathering and performance measurement that links resource planning to cost and schedule requirements. All project works or activities are budgeted and scheduled in time increments incorporating the baselines. An EVM is a single integrated system of combining measurements of the project scope of work, schedule and cost, and also able to provide accurate forecasts of project performance.
The Project Definitions have been defining and developing in terms of the agreed project language by ThePD (The Project Definition) as for the Preferred Project Definitions. The Project Definition is a clearly and concisely defined statement of the exact meaning of words, phrases, sentences, or descriptions of the subject in the project business. The Project Definition is an essential requirement and a critical success factor for the project execution to communicate accurately with the same understanding of the meaning or terminology. The Project Definitions and related information is included in the website (www.theprojectdefinition.com) and published daily basis to the subscribers. Users who want to keep own file, can purchase the Project Definition as a beta version (B4) today with a big bargain.