The importance of Earned Value Analysis (EVA) in Project Management: A quantitative analysis for decision making

Abstract

This study highlights the importance of applying methodologies in project management, with emphasis on Earned Value Analysis (EVA) as a support tool for decision-making regarding cost, schedule, and quality. The objective is to evaluate the relevance of EVA in project monitoring and control. Data were obtained from progress reports, schedules, and specialized control tools. The results show that using EVA enhances cost control and contributes to maintaining quality. It is concluded that EVA is essential for more accurate decisions and for improving the effectiveness of project management