Hello,

Earned Value Management (EVM)  is a standard Program Management practice aiming at evaluating the value delivered at a given stage of a project phase, to compare with actual cost spent at this stage of the project with regards to the planned schedule. Earned Value integrates technical, cost, and schedule data to objectively assess and quantifies current project performance.

These practices help predict future performance based on trends and provide project management with objective, accurate and timely data for effective decision making.

Several industry standards are defined around the world to support EVM practices  : ANSI EIA 748-A, AS4817, CAN/CGSB-187.2-99, PMI... As an example of application of those standards, the usage of ANSI EIA 748-A is mandatory in all significant US agency contract (Defense, Energy, Commerce …).

To truly leverage deployment of Project Management for product development - to extract the greatest business value – it has been demonstrated that Project Management must be seamlessly embedded within the Product Lifecycle Management (PLM) platform, and this is what ENOVIA V6 is proposing today.

I think there would be an additional benefit of extending Program Management capabilities in PLM by embedding also EVM practices.

I would be interested to have your feedback about this topic, how you implement EVM in your business today, what are your challenges, and if you think also that better integrating EVM practices with your product development backbone would bring significant improvements in your business operations.