Earned Value

 


 

Earned Value

 

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Earned Value

 

Meaning of term earned value

[MSP97] defines this as: "A measure of the value of work performed so far. Earned value uses original estimates and progress-to-date to show whether the actual costs incurred are on budget and whether the tasks are ahead or behind the baseline plan."

 

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Source: http://www.okdhs.org/nr/rdonlyres/3f6765df-14d1-47c5-ad01-c891fa101254/0/glossary_okdhs_03142007.xls RUP

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Earned Value