Abstract
We present a novel framework to assess 27 earned value management system (EVMS) environment factors and investigate their impact on project performance. A study of the EVMS literature, a survey of practitioners, and focus group meetings with 36 EVMS industry and government experts, supported the development of the framework. Focus groups involving 80 practitioners refined and tested it. We analyzed performance data from 35 completed projects/programs representing over US$21.8 billion in total cost; a project demonstrating a positive environment could save up to 25% in cost versus baseline. Practitioners can develop an effective EVMS environment by following the provided guidance.
Original language | English (US) |
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Pages (from-to) | 389-405 |
Number of pages | 17 |
Journal | Project Management Journal |
Volume | 55 |
Issue number | 4 |
DOIs | |
State | Published - Aug 2024 |
Externally published | Yes |
Keywords
- EVMS environment
- earned value management (EVM)
- earned value management system (EVMS)
- project performance
- project success
ASJC Scopus subject areas
- Business and International Management
- Strategy and Management
- Management of Technology and Innovation