earned value


Also found in: Acronyms.

earned value

[¦ərnd ′val·yü]
(industrial engineering)
The budgeted cost of the work performed for a given project.
References in periodicals archive ?
He is a Project Management Professional and co-author of ANSI-748 and the book "Performance-Based Earned Value," published in 2007.
Based in Arlington VA, the company has built a reputation as the go-to leader in Earned Value Management (EVM) for capital investment and information technology programs.
The earned value to date--earned in the sense that the tasks have been performed--is $120K.
According to Anbari (2003), the inputs of EVA are periodic monitored actual expenditures and physical scope accomplishments such as the planned value, earned value, and actual cost.
Exceed Earned Value Management Requirements: *Exceed all Federal Government reporting requirements for Earned Value Management (EVM).
Recommendation: To help guide and ensure successful completion of FLITE, the Secretary of Veterans Affairs should direct and ensure that the Assistant Secretary for Management and the Assistant Secretary for Information and Technology improve the reliability of program earned value management reporting by ensuring that contractor earned value management systems comply with industry standards.
0, the leading enterprise cost and earned value management solution for government contractors and other project-based businesses.
The best way to understand earned value is with a simple example.
These are two questions that earned value analysts ask themselves everyday.
Deltek IPM - or Integrated Program Management - is an integrated suite of software applications for government contractors and government agencies that require a compliance reporting solution for ANSI 748, program controls and earned value management (EVM).
New Capability Integrates Earned Value and Critical Chain to Satisfy a Critical Business Need for Aerospace and Defense and Other Industries
Both Congress and the Executive Office are calling for acquisition reform regarding Earned Value Management in general and information technology projects, in particular.