Earned Value and Earned Cost Charts

Earned Value Chart4me’s support for the Earned Value Management (EVM) methodology has been extended.  It now offers two graphical representations that visualize whether a project is progressing as planned.  These graphical representations are the Earned Value chart and Earned Cost chart.  They can be accessed from the ‘Baseline‘ section of a project by clicking on the hyperlinked name of the baseline.

Baseline section in project

The first of these two charts shows the earned effort over time and compares it with the budgeted effort and the actual effort.

Earned effort chart for project

The second is the Earned Cost chart. It provides the same information, but then for the project’s cost.

Earned cost chart for project

These charts make it easy for experienced project managers to see when deviations from the plan started to occur.