Earned value management review the fleming and koppelman article from
For instance, by implementing performance measurement baselines one can easily determine if certain tasks are being executed as originally planned or not whereas variance analysis allows for necessary corrections to be made in order to get things back on track before it’s too late. Having worked on various projects in the past myself, I have seen firsthand how such techniques can drastically improve overall efficiency due to increased visibility & control over proceedings.
As for my current organization, we make use of such measures on almost every project given that they enable us better assess where our resources are being allocated thus allowing us maximize returns going forward. Ultimately though having an effective EVM strategy should enable entities greatly reduce risks while staying within budget & timeline constraints at all times regardless of any underlying circumstances.