|Overview: Earned Value|
The authorized budget for work that has been completed.
Typically compared to other metrics such as actual cost to indicate the cost efficiency of a project.
What is Earned Value?
John Spacey, 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.
Project ManagementThis is the complete list of articles we have written about project management.
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A list of common project risks. A list of basic project management techniques.
A definition of workaround with examples.
A list of project branding techniques.An overview of project stakeholder management with examples. A definition of action plan with examples.
The primary types of cost overrun.The definition of document control with examples.
A guide to project oversight.
A definition of design driven development with examples.A list of common project risks. A list of common project stakeholders.
A list of common business risks.
The difference between a risk and an issue.The four things that can be done about risk.
The definition of secondary risk with examples.
A guide to creating a risk register with an example.
A definition of risk perception with examples.The common types of implementation.
A reasonably complete guide to project risk management.
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