What does it mean when earned value is above planned value?

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05-04-2022
Business

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What does it mean when earned value is above planned value?

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kaylarowland86 kaylarowland86 · Answer 1 · 2022-04-06T09:11:32-04:00

kaylarowland86 kaylarowland86

06-04-2022

Answer:

If the Earned Value is less than the Planned Value, you are behind schedule, and if the Earned Value is greater than the Planned Value, you are ahead of schedule. The Earned Value can be compared to the Actual Cost (AC) to determine whether you are above or below budget. An Example from Capital Project Management

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