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John Spacey, 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.
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Type | Project Metrics | Definition | The authorized budget for work that has been completed. | Value | Typically compared to other metrics such as actual cost to indicate the cost efficiency of a project. | Related Concepts | Cost Performance Index |
Project Management
This is the complete list of articles we have written about project management.
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A guide to project risk.
A list of basic project management techniques.
A definition of workaround with examples.
A list of project branding techniques.
A definition 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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