Determining the earned value involves collecting data on the percent complete for each work package and then converting this percentage to a dollar amount by multiplying the of the work package by the percent complete.

Earned value

Explanation:

 The earned value is basically determine by collecting all the data which refers to the value when the actual work are performed.

The earned value is one the key parameter and it is mainly determine throughout the given project.

The earned value are determine by collect the data one the complete percent of each work and the it is converted into the dollar percentage by multiplying with the earned value of the work.  

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