Schedule Performance Metrics
When the value of work performed is less than the value of work scheduled
What is a negative Schedule Variance (SV)
When BCWP is less than ACWP you have this
What is a negative Cost Variance (CV)
He brought the concept of EVM to the Department of Defense from the automotive industry
Who is Robert McNamara
When the value of work performed (BCWP) is equal to the Budget at Complete (BAC) it means this
What is a completed project
Actuals plus this value determines the Estimate at Complete (EAC)
What is the Estimate to Complete (ETC)
This DoD document provides a clear and uniform interpretation of the 32 EVM Guidelines
What is the Earned Value Management System Interpretation Guide (EVMSIG)
A project is experiencing this if it has reached the end date of its Baseline Budget, yet its BCWP is less than its Budget at Complete (BAC)
What is a schedule overrun or schedule slip - may also be called an Over Target Schedule (OTS)
A project is experiencing this if its cumulative actuals exceed its Budget at Complete (BAC)
What is an Over Target Baseline (OTB) or cost overrun
This company document describes how project teams will implementation the 32 EVM Guidelines
What is the Earned Value Management System Description (EVM SD)