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Project management

Increasing earned value analysis efficiency for IT projects

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Pages 352-360 | Received 05 Jun 2020, Accepted 06 Jun 2020, Published online: 25 Jun 2020
 
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ABSTRACT

The Earned Value Method is a tool of cost control for projects. It may become an important warning system and decision aid in project management, especially with respect to cost overruns. However, if the estimations required within the framework of the method are made without the necessary diligence, its efficiency may be low. In this paper, it is proposed to increase this efficiency thanks to the integration of three IT project management tools: the Daily scrum, the Sprint review and the COCOMO method. The EVA method is described. Further on, the idea of the Daily scrum, the Sprint review and the COCOMO method is sketched and it is shown how the integration of those tools may increase the efficiency of the EVA method.

Disclosure statement

No potential conflict of interest was reported by the authors.

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