The Earned Value Management Maturity Model
Reviewed by: Ray Rials, PMP
Author: Ray W. Stratton, PMP, EVP
Published by: Management Concepts
List Price: $36.00 US
Date of Review: February 2007
Publication Date: 2006

Introduction to the Book

The Earned Value Management Maturity Model provides a roadmap to incorporate Earned Value as part of your company’s management practices.  Stratton introduces the reader to foundational concepts of Earned Value, defines terms and concepts that relate to Earned Value but most importantly terms and concepts that do not relate to earned value.  For example, a few key concepts in the book:

• The value of a project is not what you pay for it.  The value of a project is what is agreed to at the start.  Value of a project is not impacted by project execution. The value of the project does not change as the project progresses.  A 50K project has a value of 50K, even if the amount spent on the project is 100K. 

• You do not need to know how much was spent or how long you have worked on an activity to use earned value.

After building the foundation the reader is then introduced to the Earned Value Management Maturity Model®, an Earned Value maturity model similar to Capability Maturity Model.  

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Earned Value Management Maturity Model

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