Performance indicators for creative project health

Using Cost Performance Index to measure project health in the creative agency

Anecdotal version: “You have a project with a budget of $1,000 that is 80% complete but you’ve only spent $600 of your budget on it so far. That’s one healthy project! We should do this more often!”

Earned Value Management (EVM) is a tool that can help the creative agency get a quick look at the overall health of a project. I want to review a couple of the key concepts of EVM and apply it to a health check that can be performed on a project over time to give the creative agency project manager a useful report to check on a project’s health.

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