Acta Universitatis Danubius. Œconomica, Vol 13, No 2 (2017)

The Earned Value Management - a measurement technique of the performance of the costs and labor in the project

Gasparotti Carmen, Alina Raileanu, Eugen Rusu


Most of the planned projects have problems due to the cost and time overruns from different reasons. Earned value management (EVM) is a project performance evaluation technique that has been used in many projects from several fields, but which has been adapted to be used in project management to objectively track the physical accomplishment of certain work. The earned value analysis offers the possibility to manage the project performances in early stages of the project to point out the need of the eventual corrective action. This paper aims to present the main parameters involved in the calculation of the Earned Value Analysis (EVA) for a ballast plant on shipboard.


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