^ [[Appendix G - Glossary - PM2]] # Earned Value (EV) Earned Value (EV) is a way of representing project progress. It is the value of the work performed, but expressed in budgetary terms (percentage of the approved budget that has been earned by actual work completed). It is also known as Budgeted Cost of Work Performed (BCWP). ___ Spanish Guide: [[Valor Ganado (VG)]] <-- [[Domain-specific Artefacts]] --> [[Enhance (risk response strategy)]]