Use of EVM for T&M Contracts
Use of EVM for T&M Contracts
(OP)
I am working with a group that is developing processes and procedures with use of EVM to manage projects within our organization.
The question that is causing concern is - how does one measure performance on a T&M job, since there is no "budget" to work off of?
Any help??
The question that is causing concern is - how does one measure performance on a T&M job, since there is no "budget" to work off of?
Any help??





RE: Use of EVM for T&M Contracts
"Do not worry about your problems with mathematics, I assure you mine are far greater."
Albert Einstein
Have you read FAQ731-376 to make the best use of Eng-Tips Forums?
RE: Use of EVM for T&M Contracts
RE: Use of EVM for T&M Contracts
if so, use this as the end point and run the EVM on it.
watch each trend line - work completed vs dolars expended.