Earned Value Analysis

Earned Value Analysis (EVA) is a project management technique that measures a project's performance and progress. It compares the planned progress (what was supposed to be done) with the actual progress (what has been completed) and the budgeted costs (how much was supposed to be spent). By analyzing these aspects, EVA helps identify whether a project is on track, behind schedule, or over budget. This method provides insights into project health and assists managers in making informed decisions to keep the project aligned with its goals.