“Earned value is the objective
measure of work completed.” Tell that to a lay
audience and you’ll get blank stares.
Show them a graph of
earned value as it compares to cost and budget,
and you’ll get a better response.
In the line graph example below for Contract Review, earned value
(blue line) is more than the budgeted cost (black), which is more
actual cost (red)...which means
this contract is in great shape! For additional
detail, the numbers that drive the graph are
available in columns.
Need to see the tasks or phases
which drive those values? Just drill-down to a
more detailed level.
Thus, be prepared to present to
a spectrum of needs, from a single snap-shot to
the smallest details.