Earned Schedule Management: There Is A Way To Know If You Are on Track!
What is Earned Schedule Management?
ESM is a method that enhances project schedule forecasting beyond traditional Earned Value Management (EVM).
Why ESM Matters
Focuses on time, not just cost
Improves project completion estimates
Helps prevent delays
Key Takeaway
Implementing ESM leads to better schedule accuracy, improved decision-making, and enhanced project outcomes.
Paton Consulting is excited to have had the opportunity to go behind the scenes for Project Management Training Alliance (PMTA) Webinar on Earned Schedule Management (ESM) with the creator himself, Walter Lipke! Walter developed the principles of ESM to offer a more precise way of tracking project schedules — relying on data, not intuition.
As project managers, we’re expected to have answers; “I don’t know” or “I’m not sure” simply won’t cut it. ESM is an invaluable tool for any project manager’s toolbox. If your team is uncertain about whether a project is on track to finish on time, there are ways to find out!