method
Earned Value (EV)
Earned Value / Budgeted Cost of Work Performed
Plain English
The value of work you have actually completed, priced at the original budget rate. This is your true progress — not just hours logged.
Worked Example
By Apr '26 you actually earned $4.6M of work — behind PV of $5.3M.
Want to see this metric computed automatically on your project data?
Try it with your data