Glossary term
What is Earned value?
In Apex Flow Academy, "Earned value" means: The budgeted value of the work that is actually finished. You compare it with planned value and actual cost to see progress. It is taught in Project Management and Agile: Run Projects That Ship. Related terms include Expected monetary value (EMV), Agile, Risk and Scrum.
- 1 course teaches it
- plain-word definition
The facts
What is Earned value?
The budgeted value of the work that is actually finished. You compare it with planned value and actual cost to see progress.
Where is Earned value taught?
Earned value is defined in Project Management and Agile: Run Projects That Ship.
Which lessons cover Earned value?
These lessons name it in their title or objectives:
- Project Management and Agile: Run Projects That Ship, lesson 4.4: Track Progress with Planned Value, Earned Value and Actual Cost
Which terms are related to Earned value?
Next to Earned value in the course glossaries: Expected monetary value (EMV), Agile, Risk, Scrum, Management reserve, Sprint, Contingency reserve and Product backlog.
Expected monetary value (EMV)AgileRiskScrumManagement reserveSprintContingency reserveProduct backlog
The hard questions, answered straight
Bold questions people really ask. Each answer comes from the course data or a settled Academy fact.
Do I need experience before I learn Earned value?
It depends on the course. Each course that teaches it lists its own prerequisites, and all are listed at beginner level:
- Project Management and Agile: Run Projects That Ship: None. You do not need any project management experience.