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What is EVM lite?

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Is there such a thing as Earned Value Management lite? And is it official if it exists? The thing is we'd like to apply EVM in our projects but the problem is that it creates a large overhead with its current incarnation and we were thinking about implementing a "lighter version".

I recall reading something about EVM lite a long while ago but I can't remember where and I don't know if it was a serious incarnation of EVM that can be used to manage projects.

Thanks for your help.
asked 8 years ago by anonymous

1 Answer

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Yes, EVM lite exists, but it is just a marketing term to attract executives who are intimidated to implement formal EVM in their organization because of its overhead.

EVM lite is not official, in fact, government agencies recommend against it, as not only they see no benefit in applying it, they think that it gives EVM, in general, a bad name.

There is no silver bullet to implementing EVM, and there is only one incarnation of EVM.
answered 8 years ago by anonymous

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