Agile software projects deliver business value by embracing change. Uncertainty about using Agile is still strong since Scrum framework seems to be missing the guidelines on cost and schedule control.
It also deals efficiently with changes in plans. The most unhealthy practice in software projects is to allow informal changes to the technical baseline without changing the cost of schedule baselines–a practice commonly known as scope creep. In Agile EVM, scope change is reflected in a variable known as Scope Floor. Cost and time-related metrics register this change and other planning variables are adjusted to meet new conditions.
Successful implementation of Agile EVM depends on timely data input and accurate estimation. But the benefits are worth the effort.
The possibility of visualization as well as bringing time-bound and abstract estimates closer together makes Agile EVM metrics a perfect communication tool with businesses.
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