Focus on Earned Value – Earned Value Management for Successful Projects focuses on evaluating the project performance during project execution using Earned Value Management instead of the classical approach that evaluates schedule and budget separately.
The book contains the necessary information to set up an Earned Value Management reporting system and defines the basic parameters like Planned Value (PV), Earned Value (EV) and Actual Cost (AC). These three basic parameters are used to evaluate project schedule and cost performance and to estimate final project duration and cost. It includes a number of exercises, which demonstrate the calculations and comments on how to interpret these numbers when performing projects.
Using Earned Value Management will certainly improve your ability to predict the probable project outcome and react appropriately.