Earned Value Management (EVM)

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k7
k703014321
Posts: 2
Joined: Thu Dec 22, 2016 1:22 am

Earned Value Management (EVM)

Postby k703014321 Sun Oct 29, 2017 12:51 pm

PMBOK Pg. 217 : "Earned value management (EVM) is a methodology that combines scope, schedule, and resource
measurements to assess project performance and progress" . Can somebody clarify why Cost is not included in the this statement ?
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ma
manishpn
Expert
Expert
Posts: 2539
Joined: Sat Jan 04, 2014 3:55 pm

Re: Earned Value Management (EVM)

Postby manishpn Tue Oct 31, 2017 3:55 pm

its an overlook , good catch
Cost is key component in EVM calculations
Br,
Manish P
PMP, PMI - ACP, SAFe Agilist
http://www.izenbridge.com/blog/7-effect ... ification/
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k7
k703014321
Posts: 2
Joined: Thu Dec 22, 2016 1:22 am

Re: Earned Value Management (EVM)

Postby k703014321 Fri Nov 03, 2017 4:06 am

Thank you!!
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fi
firdous436
Posts: 1
Joined: Fri Dec 23, 2016 11:29 am

Re: Earned Value Management (EVM)

Postby firdous436 Sun Nov 26, 2017 8:04 pm

Its updated in PMBOK 6th Edition.
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