Steps to the EVPM process - 2

Basic steps (continued)

• 7. Develop a Performance Measurement Baseline (PMB)
  • That typically takes the form of an "S" curve

• 8. Execute the work plan and record all costs
• 9. Analyze the EVPM data
  • And record variances from PMB plan

• 10. Forecast estimates of cost and schedule at completion
• 11. Take management action to mitigate variances and risks
• 12. Update the PMB as a result of approved changes