An Effective Earned Value Management System (EVMS) is a Team Sport

Vartenie Aramali; G. Edward Gibson; Mounir El Asmar; Hala Sanboskani

doi:10.1177/87569728231226226

An Effective Earned Value Management System (EVMS) is a Team Sport

Vartenie Aramali, G. Edward Gibson, Mounir El Asmar, Hala Sanboskani

Research output: Contribution to journal › Article › peer-review

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)
Journal	Project Management Journal
DOIs	https://doi.org/10.1177/87569728231226226
State	Accepted/In press - 2024
Externally published	Yes

Keywords

earned value management (EVM)
earned value management system (EVMS)
EVMS environment
project performance
project success

ASJC Scopus subject areas

Business and International Management
Strategy and Management
Management of Technology and Innovation

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10.1177/87569728231226226

Cite this

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title = "An Effective Earned Value Management System (EVMS) is a Team Sport",

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.",

keywords = "earned value management (EVM), earned value management system (EVMS), EVMS environment, project performance, project success",

author = "Vartenie Aramali and Gibson, {G. Edward} and Asmar, {Mounir El} and Hala Sanboskani",

note = "Publisher Copyright: {\textcopyright} 2024 Project Management Institute, Inc.",

year = "2024",

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journal = "Project Management Journal",

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AB - 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.

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An Effective Earned Value Management System (EVMS) is a Team Sport

Abstract

Keywords

ASJC Scopus subject areas

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