Exploring the Feasibility of Applying Earned Value Management in Engineering Design Project Management
Based on project management theory,this paper explores the feasibility of applying Earned Value Management(EVM)in engineering design project management.By thoroughly analyzing the fundamental principles,core concepts,calculation formulas,and interpretations of EVM,the paper investigates its effectiveness in actual project management.The study employs Oracle Primavera P6 software(hereinafter referred to as P6)to simulate and validate the applicability of EVM in engineering design project management.The results indicate that the introduction of EVM not only optimizes project execution plans but also significantly improves the success rate and efficiency of project management.This is of important for engineering design project management practice,it has been demonstrated that EVM has notable application effects in complex engineering design project management.
earned value managementengineering design project managementOracle Primavera P6project management