Quantified Benefits of Earned Value Management

This paper delves into data from eight NASA projects compiled by the Earned Value Management System (EVMS) of the Johns Hopkins University Applied Physics Laboratory (JHU/APL). This data is also compared to data from a previous Department of Defense (DoD) study. The resulting analysis provides quantifiable metrics that confirm the benefits of Earned Value Management (EVM) across industries, while also high-lighting differences that are likely driven by the varying levels of scope risk. Potential future applications of these findings are also explored.