EVM Effectiveness in Personal Project Management

概要

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Earned Value Management (EVM) techniques are applied in large projects, particularly in the public sectors of the advanced countries. EVM benefits such as disinterested progress tracking, clear cost outlook and avoided ambiguity have been demonstrated in actual projects for many years. The EVM advantages are usually recognized only in large complex projects that require management of complex WBS. However, it would be worth trying to fully apply EVM even in very small projects, because it aims at being applicable to all kinds of projects, irrespective of size. The author has used EVM in extremely small projects and found that it gives the same advantages as in large size projects, and that little PM-overhead is added even in personal-scale project management without special effort to adopt EVM. In this paper, two actual application examples are shown and EVM's effectiveness in personal project management is discussed. One of the perceived inhibitors to applying EVM in small projects has been the high PM-overhead required. However, the conclusions of this paper are that there is no reason not to use EVM in small projects even in personal project management and that EVM's advantages are equally valid and can be utilized in such environments, where the key success factor is simply familiarization in applying WBS and EVM techniques.
プロジェクトマネジメント学会の論文
2006-04-15