EVMS

At Javelin, we developed the Earned Value Management System (EVMS) to integrate the project chain functions. The flowchart below shows the two functions Project Estimate & Control (engineering function) and Project Office function (cost & accounts).

EVMS 5

Project chains functions that may interact at various levels leading to management and financial decisions.

At Javelin we have numerically integrated above functions into a simple model, which generates EV reports to support the management decision-making process.

EVMS 2

Reporting of results is typically through EV Report Card at design intervals of system update accompanied by relevant project EV S-Curves and charts.

Typical reporting provides information in three sections.

EVMS 3

A sample of EV Chart showing Early, Late and Forecast curves.

For more details regarding EVMS please refer to our service brochure.

© 2012 Javelin Associates Pty Ltd – All rights reserved