With any development project it is important to track and measure the value being delivered for the business investment made over time to the end-users or stakeholders against plan. Without this, continued investment in the project is difficult to justify. In traditional project management, Earned Value Management (EVM) is a proxy to measure this. EVM is based on a well-defined baselined project plan at the onset of the large-scale project. EVM is a sufficient tool when building items that have been built time and time again, as in manufacturing. Unfortunately, for emergent development, “we don’t know what we don’t know” at the onset of a project in order to establish a full project basis of estimate to measure against. This is where Agile approaches are well suited. Enter Agile Earned Value Management (AEVM).
Read this whitepaper to:
- See why traditional EVM is a poor measure of stakeholder value delivered and why tracking of value earned and delivered on Agile programs is still needed.
- See how to track Agile Earned Value against the Agile program management baseline.
- Understand why accepting Features and Epics doesn't necessarily mean that value has been delivered.
Do you track the value your development projects deliver to end-users and stakeholders relative to the business investment you make over time? Learn from an expert about Earned Value Management.