What Does EV Stand For?
EV stands for Earned Value
Earned Value (EV) is a project management metric that measures the value of work actually performed at a specific point in time. It integrates project scope, schedule, and cost to evaluate performance and progress. By comparing EV to planned value (PV) and actual cost (AC), project managers can assess project efficiency and make informed decisions to keep projects on track.
Added on 14th April 2008 | Last edited on 17th June 2025 | Edit Acronym