📚 Project Vocabulary: Earned Value 📈

📚 Project Vocabulary: Earned Value 📈

Definition: A measure of the value of work performed expressed in terms of the approved budget assigned to that work.
Example: If the approved budget for a construction project is $1,000,000 and the project is 50% complete, the earned value would be $500,000.
Earned value is like the project’s report card, showing how much value we’ve delivered compared to what we planned. 📝🎓
#EarnedValue #ProjectProgress #MeasuringSuccess #AcutePMC #budget #work #vocabulary #report


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