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Author: Elizabeth Harrin

Elizabeth Harrin has over twenty years’ experience in projects. Elizabeth has led a variety of IT and process improvement projects including ERP and communications developments. She is also experienced in managing business change, having spent eight years working in financial services (including two based in Paris, France). Elizabeth is the author of 7 project management books including Managing Multiple Projects. She is a Fellow of the Association for Project Management and writes the popular blog, Rebel’s Guide to Project Management.

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The Time Maximizer Mindset: 8 Tips for Boosting Productivity

Elizabeth Harrin Articles
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Too Many Project Reports? Here’s How to Write Fewer!

Elizabeth Harrin Project Reporting
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Too Much to Do? Here’s How to Talk to Your Boss About Your Workload

Elizabeth Harrin Articles

Introduction to Earned Value Formulas

Elizabeth Harrin Articles
Earned value management (EVM) is a project management technique that integrates scope, schedule, and cost management. It is used to measure project progress and identify potential problems early on. EVM is based on the concept of earned value, which is the value of work that has been completed. Earned value is calculated by multiplying the percentage of work completed by the total project cost. EVM uses three main metrics to track project progress: * **Earned value (EV)**: The value of work that has been completed. * **Planned value (PV)**: The value of work that was planned to be completed by a given date. * **Actual cost (AC)**: The actual cost of work that has been completed. EVM can be used to create a variety of reports that track project progress and identify potential problems. These reports can be used to make informed decisions about how to manage the project and improve its chances of success. Here are some of the benefits of using EVM: * **Improved project visibility:** EVM provides a clear and concise view of project progress. This information can be used to identify potential problems early on and take steps to mitigate them. * **Increased project control:** EVM helps project managers to control project costs and schedules. This information can be used to make informed decisions about how to allocate resources and manage the project timeline. * **Improved project communication:** EVM can be used to communicate project progress to stakeholders. This information can help to build trust and confidence in the project team. EVM is a powerful project management technique that can be used to improve project visibility, control, and communication. By using EVM, project managers can increase the chances of project success.

Why Earned Value Management is Important

Elizabeth Harrin Articles
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From Planning to Delivery: 8 Performance Domains in PMBOK – Seventh Edition

Elizabeth Harrin Articles

Setting Goals

Elizabeth Harrin Articles

Troubleshooting Remote Teams’ Communication Troubles

Elizabeth Harrin Articles