Microsoft Project 2021 From Beginners to Advanced - Earned Value Analysis Basic Terminology

The video tutorial introduces earned value analysis, a project management technique that evaluates project performance by comparing cost and value against a baseline. It explains key terms like Planned Value (PV), Actual Cost (AC), and Earned Value (EV), and demonstrates how to use earned value tables and indicators to assess project progress and cost efficiency. The tutorial emphasizes the importance of understanding both cost and value to accurately gauge project performance.

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