Earned Value Management (EVM) is a project management technique which measures technical performance, cost and schedule against planned objectives. The result is a simple set of metrics that provides early warnings of performance issues, allowing for timely and appropriate adjustments.
EVM improves also the definition of project scope and provides valuable metrics for communicating progress to stakeholders. AgileEVM is a light-weight and easy to use adaptation of the traditional EVM techniques which provides the benefits of traditional Earned Value Management for Scrum. Using simple EVM performance metrics with the traditional Agile metrics provides objective analysis to share with all project stakeholders. The early warning that the AgileEVM metrics show, validates changes to release plans and provides business with the opportunity to make priority trade-off decisions early in the project lifecycle.