Government reporting
Earned value management (EVM) is a methodology that integrates scope, time, and costs to objectively measure performance and progress. Performance is measured by determining the budgeted cost of work performed, also known as earned value (EV), and comparing it to the actual cost (AC) of work performed. Progress is measured by comparing the EV with the planned value (PV).
Two other important EVM measures are the cost performance index (CPI) and schedule performance index (SPI). CPI is the ratio of earned value to actual costs (EV divided by AC). SPI is the ratio of earned value to planned value (EV divided by PV).
Government use of EVM originated with the DoD in the 1960s and continues to this day with many agencies required to use it by law. Some agencies provide guidance for contractors using EVM with agile delivery methods and numerous SAFe for government resources are available online. It's no surprise then that Jira Align offers agile EVM reporting...
