Earned Value Explained

Standard Time® allows a project manager to keep track of how much money the company is making on a project. Each time an engineer enters his time it will accumulate and have an earned value for that project.

Scroll down for the video.  Plus, here’s another page that describes earned value using ‘actual work’ and ‘percent complete’. After going to this page, scroll down below it for a detailed description.

http://www.stdtime.com/videos/earnedvalue.htm