Table of Contents
Abstract
Describes requirements and gives guidance for the measurement
and reporting of cost and schedule performance of projects and
programs using the EVPM method.
Scope
This Standard establishes requirements and gives guidance for the measurement and reporting of cost and schedule performance of projects and programs using the EVPM method.
Application
This Standard can be applied to the measurement and reporting of the cost and schedule performance of projects and programs. It can be applied to any situation where a specified deliverable (product, service, output, result) is to be produced by a specified date and with finite resources.
The method can be used for the performance measurement of single projects, for parts of projects (including contracted and sub-contracted parts), for programs consisting of multiple projects, and for organizations that manage by projects.
In the multi-project environment, EVPM provides metrics for summary level reporting throughout the organization. The metrics can be rolled up by output, by program, by organizational unit, organizational objective, key performance indicator, or other organization-specific summarisation required for effective management reporting.
History
First published as AS 4817-2003.
Second edition 2006.