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ks629 replied to the topic Be wary of EV and statistics calculated with it in the forum Project Management Process and Medical Device Development 7 years ago
I disagree with this a bit. It’s true earned value could be skewed, but it should also not be used by itself. It should be presented along with other values to get a complete picture of the health of a project. EAC, ETC, BAC, PV, AC should also be presented. Additionally any value that is significantly below or above expected should have an explanation presented as well. By presented a complete picture of facts and values associated with a project, the management and sponsors can make better decisions regarding the project.