There are 32 generally accepted EVM criteria. Briefly review these criteria and surrounding narratives, which can be found in the Appendix of Earned Value Project Management.

The instructor will assign you one criterion. Provide a brief description in your own words. What is the purpose of this criterion? How does this criterion help to increase project performance? Are there any flaws or shortcomings presented in this criterion?

Identify physical products, milestones, technical performance goals, or other indicators that will be used to measure progress. This criterion is related to the one above, and requires that projects must have the ability to measure their physical performance, as defined within the tasks displayed in project schedules. Just what constitutes the physical completion of the work is the central issue. Projects must specify what physical products, outputs, metrics, milestones, and technical performance indicators will be used to measure actual work accomplished against the schedule plan. Determining how the earned value will actually be measured is the requirement of this criterion. There are numerous methods with which to measure physical work accomplishment, and the projects must specify which of these methods they will employ.