Implementation seems to be a mystery despite many people alleging to be well versed in it. Not only small projects/ companies but also big corporates are failing even after having taken on board consultants at an astronomical costs to implement. Hereunder are some of the reasons for failure:
Core Reasons for Implementation Failure
Many practitioners only familiarize themselves with EVM while preparing for certification exams, leading to a lack of practical experience.
Training often focuses on "What it is" and formula memorization just to pass exams, rather than "How to implement" in a live project environment.
Planners who learn via software packages often view EVM strictly as a cost management tool, neglecting its broader utility.
There is a widespread failure to accurately establish or determine the critical data source required for reliable calculations.
While management is aware that running projects without EVM results in exorbitant financial losses, there is a lingering reluctance to address the technical reasons for these failures. EVM is a simple system that has only 3 primary variables but is still a mystery as regards implementation!
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