Difference between revisions of "Earned Value"

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Revision as of 13:28, 3 July 2020

Earned Value (EV) is the measure of work performed expressed in terms of the budget authorized for that work. See also actual cost (AC), budget at completion, estimate at completion (EAC), estimate to complete (ETC), and planned value (PV). Bold text

Definition

According to Macroeconomics by Mankiw (7th edition), Earned Value (EV). The measure of work performed expressed in terms of the budget authorized for that work. See also actual cost (AC), budget at completion, estimate at completion (EAC), estimate to complete (ETC), and planned value (PV).