Earned Value definition

Earned Value means the product of (a) the Value of the Performance Units (as determined pursuant to Section 3 below) and (b) the Performance Percentage (as determined pursuant to Section 5 below).
Earned Value has the meaning set forth in Section 7.2A.

Examples of Earned Value in a sentence

  • For information that cannot easily be categorized as technical data or business data (e.g., program schedules, Earned Value Management System reports, and program management reports), and is of sufficient detail to show a contractor’s confidential business practices, shall be identified before or as soon as practicable after contract award.

  • Concurrent with each monthly invoice the CONSULTANT shall submit an "Earned Value" spreadsheet in the same format as described above.

  • Each "Earned Value" spreadsheet shall correspond and agree with the project schedule updates required in Attachment "G".

  • In accordance with DoD policy, this task order does not require Earned Value Management (EVM) implementation due to the majority of efforts on this task order is non-scheduled based (i.e., level of effort) and does not lend itself to meaningful EVM information.

  • When Earned Value Management (EVM) is determined to be applicable to an individual Order, the provisions and clause FAR 52.234-2, 52.234-3, 52.234-4 applies.


More Definitions of Earned Value

Earned Value has the meaning given in Schedule 21 – Construction Period Payments.
Earned Value means the budgeted cost of work performed in respect of each Payment Period, measured using the Earned Value Measurement Techniques and Performance Measurement Baseline.
Earned Value means the standard method by which physical progress is periodically measured on a progressive basis.
Earned Value means the Concessionaire's budgeted cost of work performed as set forth in the Original Baseline Schedule (or, as the case may be, the Revised Baseline Schedule) and the Schedule of Values. RTD FasTracks Eagle Project East Corridor means the commuter rail line between the DUS Rail Segment and Denver International Airport, as described in Attachment 19 (Concessionaire's Proposal).
Earned Value shall have the meaning given in and shall be calculated as set forth in Exhibit C.
Earned Value means the sum of the following amounts, each as set forth on the most current balance sheet of the Consolidated Group: (i) the amount represented as "Drilling Contracts in Progress" and (ii) Turnkey Joint Venture Advances.
Earned Value means the value of Work performed in a billing period and all prior billing periods for each element of work permitted by the Schedule of Values.