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Completion of work is pro-rated to equivalent monetary value based on the budgetary costs for the work packages completed (work-in-progress packages are assessed on % completion).
This is the earned value (EV).
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The right earned value analysis template enables you to look at all of the important project factors objectively and consistently, in a quantitative way. A two section template subsequent to medium measured text style for easy perusing is a decent start. Earned Value Management Template Excel for Project Analysis.
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