MENTAL MODEL · M9968

Earned Value Management, EVM

BusinessHigh supportManagement

Included

Version 1.0.0 · Updated 2026-07-30

CORE DEFINITION

Planned Value (PV): The value of work planned to be completed. Earned Value (EV): The value of work actually completed. Actual Cost (AC): The actual cost incurred.

SCAFFOLDING EFFECT

psychology

Reduce cognitive load

A unified view of schedule and cost. Avoids the blind spots of "on schedule but over budget" or "under budget but behind schedule," making project health clear at a glance. (Merged: Earned Value Management)

anchor

Anchor fast decisions

Earned Value Management (EVM) uses the three elements of planned value, earned value, and actual cost to comprehensively measure project schedule and cost performance, exposing deviations early. It unifies scope, schedule, and cost on the same scale.

MINIMUM ACTION

In progress 0/1

Practice this model in one real situation:

Set the baseline PV, measure EV and AC periodically, calculate CV/SV and CPI/SPI. Use deviations to forecast estimate at completion and take corrective actions.

Check to track your progress (stored locally)

Learning progress0%

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Source support: Explicit

link
zh.wikipedia.orghttps://zh.wikipedia.org/wiki/%E6%8C%A3%E5%80%BC%E7%AE%A1%E7%90%86ZH · Explicit
verified

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