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top   »  management   »  project management   »  earned value

What is Earned Value?

 , January 28, 2016 updated on September 08, 2022
Earned value is a project metric calculated as the budget authorized for work that has been completed. It is used to measure how much has been delivered to date as a dollar amount. Earned value is also used to calculate other metrics such as Cost Performance Index, an indicator that tells you if you're over budget.
Overview: Earned Value
TypeProject Metrics
DefinitionThe authorized budget for work that has been completed.
ValueTypically compared to other metrics such as actual cost to indicate the cost efficiency of a project.
Related ConceptsCost Performance Index

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