Concluding comment - 3
If you must use EV
- Then try to avoid these traps
- Executive management lack of understanding
- If they don't understand the concept, the reporting effort is wasted
- Insufficient upfront investment
- Proper project accounting tools cost money !
- Excessive complexity
- Focus on the principles, not on the acronyms !
- Bad news
- No plan is perfect, so learn to accept that
- All news is valuable !