How we can define Earned value performance?

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
What are earned value analysis?
Posted by:
hassan shalaby
16-December-2016

Cost Cost Management Earned Value Management Project Management

Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2016/05/17

Upvote (0) Views (2) Followers (1) Answers (1) Report Question

Write an Answer
Register now or log in to answer.

1 Answers

by Asjath Rahman , Sr. Quantity Surveyor & Operation Dept , Al Sawari Bright Light Sub of Al Sawari Holding

Planned Value (PV) = The budgeted amount through the current reporting period.
Actual Cost (AC) = Actual costs to date.
Earned Value (EV) = Total project budget multiplied by the % complete of the project.

Downvote Reply () Report

Popular Searches

Sales Executive Jobs Engineers Jobs Engineering Technicians Jobs Accountant Jobs Driver Jobs

Write Your Answer

More Questions Like This

For a project, the following earned value data have been assessed: AC: $ 4,000,000 CV: $ -500,000 SPI: 1.12 BaC: $ 9,650,000?
Top Answer: Thanks for the invite. Earned Value is the sum of CV + AC , i.e EV = 4,000,000 + ( - 500,000 ) = 3,500,00 ... See More

Answers (4)
What is basic requirement for calculating the earned value in cost controlling?
Top Answer: The Earned Value Analysis (EVA) is a valuable technique to determine real gains and losses. The main EVA ... See More

Answers (1)
In terms of progress reporting, when do project activities earn value?
Top Answer: The formula for Earned Value = % of completed work X BAC. As soon activity start earning progress we can ... See More

Answers (5)
How can we define ''Earned value management (EVM)'' why and where to use it?
Top Answer: The EVM is a numerical diagnosis method for the status project. using it helps the stakeholder to have an ... See More

Answers (1)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.