<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tp/onlinemanual/000159" xml:lang="en">
   <Header>
      <Title>To use an earned value method</Title>
      <Keyword type="header" order="d1e2268634">
         <Level1>milestone</Level1>
      </Keyword>
      <Keyword type="header" order="d1e2268637">
         <Level1>start and end percentage</Level1>
      </Keyword>
      <Keyword type="header" order="d1e2268640">
         <Level1>percentage completed</Level1>
      </Keyword>
      <Keyword type="header" order="d1e2268643">
         <Level1>level of effort</Level1>
      </Keyword>
      <Keyword type="header" order="d1e2268646">
         <Level1>apportioned</Level1>
      </Keyword>
   </Header>
   <GeneralSection>
      <Paragraph>Earned value is a
		time-phased method of measuring project performance. Planned work is compared
		with completed work to determine if project costs and schedules are within
		budget. Usually contrasted with more conventional bottom-up performance
		measurement techniques.</Paragraph>
      <List>
         <ListIntro>There are a number of different ways in which you can use the
		  earned value method to determine how budget amounts are to be released:</ListIntro>
         <ListItemHead>
            <GUIRef href="/baanerp/tp/domains/pss.mevl#milst" role="option">Milestone</GUIRef>
         </ListItemHead>
         <ListItem>Milestones are attached
		  to the activity and a percentage or amount of the budget is assigned to each
		  milestone. Each time a milestone is reached, the assigned budget is
		  released.</ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tp/domains/pss.mevl#dsepr" role="option">Start and End Percentage</GUIRef>
         </ListItemHead>
         <ListItem>Percentage values are
		  assigned to the start and end points of the activities. In other words, at the
		  start of the activity, it is assumed that a particular percentage of the
		  project has been completed. Budget amounts are then released based on these
		  percentages.</ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tp/domains/pss.mevl#perco" role="option">Percentage Completed</GUIRef>
         </ListItemHead>
         <ListItem>Budget amounts are
		  released in proportion to the percentage progress of the project.</ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tp/domains/pss.mevl#levef" role="option">Level of Effort</GUIRef>
         </ListItemHead>
         <ListItem>Budget amounts are
		  released in proportion to effort. This method is appropriate for time-driven
		  activities where there it is assumed that there will be no discrepancy between
		  scheduled work (BCWS) and work performed (BCWP).</ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tp/domains/pss.mevl#appor" role="option">Apportioned</GUIRef>
         </ListItemHead>
         <ListItem>Apportioned efforts are
		  those which have an intrinsic performance relationship to some other discrete
		  activity. Budget amounts are released in the same way as for the linked
		  activity.</ListItem>
      </List>
   </GeneralSection>
   <RelatedTopics>
      <SectionTitle>Related topics</SectionTitle>
      <RelTopic>
         <Link href="/baanerp/tp/onlinemanual/000068" role="manual">To use a time-phased budget</Link>
      </RelTopic>
   </RelatedTopics>
</ManualTopic>