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Earned value management in project and programme management
ISO 21508:2018 provides the following:
a) terms and definitions;
b) descriptions of the purpose and benefits of earned value management;
c) the integration and relationship with project or programme management;
d) an overview of the processes and process descriptions;
e) basic requirements for an earned value management system;
f) use of an earned value management system.
ISO 21508:2018 does not provide guidance on the use of specific processes, methods or tools in the practice of earned value management.
Annexes A, B and C describe cost, schedule and performance analysis, commonly used formulae with associated interpretations, and the integration of earned value with other project or programme management processes.
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