Big data and earned value management in airspace industry

Abstract

Earned Value Management (EVM) is one of the most effective methods for the project management. Actual Cost and earned value are the parameters used for monitoring projects. These parameters are compared with planned value to analyze the project status. EVM covers scope, cost and time, and unifies them in a common framework that allows evaluation of project health. This chapter aims to integrate the project management and the Big Data. It is proposed an EVM approach, developed from a real case study in aerospace industry, to manage simultaneously a large number of projects.