Earned Value Management - Earned Value Types
By Mick Higgins - Project Controls, EVM, Scheduling & Risk Management Consultant
Earned Value Management utilizes a number of Earned Value Types, in essence these define the way in which performance will be claimed against the baseline.
50/50 and XX/YY
50/50 and XX/YY operate in the same way, with 50/50 type activities the first 50% can be claimed as soon as the activity has started. The remaining 50% can be claimed upon final completion of the activity. Typically activities employing this type of EVT spans over two periods.
0-100 EVT s typically used for activities that are likely to be completed within one period and there is no claim of completion until the activity has finished at which point 100% will be claimed.
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