Words / E / Business

earned value

noun

C2CEFR level
85/100Rarity: very rare
TechnicalRegister

A technique that measures progress by the budgeted worth of work actually completed, exposing cost and schedule health in one figure.

Earned value says we've spent sixty percent of budget to finish forty percent of the work, and that won't end well.

Similar: earned value management

Topic: Project management in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Project management