Most project management software supports EVA for multiple WBSs. The WBS and other task coding can also be used to segregate the data by any interest area. For instance, we can evaluate performance by location, performing craft, responsible manager, cost accounts, or any other classification that has been defined to the system.
We can roll up by classification and then drill down in the poorly performing areas. This supports a management-by-exception approach. By identifying areas that are outside the performance targets, we can focus on finding causes and correcting such nonper-forming areas. This permits us to apply resources where they will do the most good.
Was this article helpful?
What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.