An Effective Earned Value Management System (EVMS) is a Team Sport-Reference-Cited by-同舟云学术

An Effective Earned Value Management System (EVMS) is a Team Sport

Published:2024-02-15 Issue:4 Volume:55 Page:389-405
ISSN:8756-9728
Container-title:Project Management Journal
language:en
Short-container-title:Project Management Journal

Author:

Aramali Vartenie¹^ORCID,Gibson G. Edward²,Asmar Mounir El³,Sanboskani Hala²^ORCID

Affiliation:

1. Department of Civil Engineering and Construction Management, California State University, Northridge, CA, USA

2. School of Sustainable Engineering and the Built Environment, Arizona State University, Tempe, AZ, USA

3. National Center of Excellence on SMART Innovations, School of Sustainable Engineering and the Built Environment, Arizona State University, Tempe, AZ, USA

Abstract

We present a novel framework to assess 27 earned value management system (EVMS) environment factors and investigate their impact on project performance. A study of the EVMS literature, a survey of practitioners, and focus group meetings with 36 EVMS industry and government experts, supported the development of the framework. Focus groups involving 80 practitioners refined and tested it. We analyzed performance data from 35 completed projects/programs representing over US$21.8 billion in total cost; a project demonstrating a positive environment could save up to 25% in cost versus baseline. Practitioners can develop an effective EVMS environment by following the provided guidance.

Funder

Department of Energy

Publisher

SAGE Publications

Link

https://journals.sagepub.com/doi/pdf/10.1177/87569728231226226

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