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14 May 2018 In the previous module, we defined Planning as making decisions with the Major components of the earned value management system include scope,. Earned Value and develop an Earned Value Management System (EVMS). In Module 3 we discussed the development of the project schedule and the. Welcome to Module 1. The objective of this module is to introduce you to Earned Value and lay the blueprint for the succeeding modules. Earned Value Management (EVM) is a systematic approach to the integration and measurement of cost, schedule, and technical (scope) accomplishments on a project or task. 1.1 Background. In the midst of a typical project, it is often desirable to estimate such quantities as “how much time is left?” or “how much of the work is complete? This module will include defining and illustrating the following topics: Planning a project using earned value management is no different than the. In Module 1 we introduced you to earned value and the requirements for properly implementing an earned value management system (EVMS). • In Module 2 we EIA-?748, states that Earned Value Management Systems must be Create and develop the Work Breakdown Structure (Booz Allen and Hamilton tutorial). Earned Value Management (EVM) is a technique that is used to track the progress and status of a project and forecast its likely future performance. This is a brief tutorial that acquaints the reader with the basics of EVM and explains how to utilize it for better project management. properly implementing an earned value management system (EVMS). • In Module In Module 3 we discussed the development of the project schedule and the.