Earned Value (EV) is a project management discipline that involves the interrelationship of a specialized job cost accounting system, a project scheduling application or set of scheduling techniques, detailed policies, procedures and practices (including training) and a business intelligence tool, like Budgeting & Planning. Business intelligence involves the integration of data and the coordination of those involved to optimize EV performance accountability in a way that balances overall costs with results in terms of mitigating performance risks.
EV related business intelligence tools, like Deltek Budgeting & Planning, require the flow of data between various software applications. Budgeting & Planning’s ability to import resource loaded, time-phased project schedules from MS Project or Primavera P6, along with its tight integration with Costpoint and GCS Premier, makes it uniquely capable compared to other business intelligence applications that may require substantially more effort in terms of both initial and on-going schedule and data mapping.