Written by

Bernard Marr

Bernard Marr is a world-renowned futurist, influencer and thought leader in the fields of business and technology, with a passion for using technology for the good of humanity. He is a best-selling author of 20 books, writes a regular column for Forbes and advises and coaches many of the world’s best-known organisations. He has over 2 million social media followers, 1 million newsletter subscribers and was ranked by LinkedIn as one of the top 5 business influencers in the world and the No 1 influencer in the UK.

Bernard’s latest book is ‘Business Trends in Practice: The 25+ Trends That Are Redefining Organisations’

View Latest Book

Follow Me

Bernard Marr ist ein weltbekannter Futurist, Influencer und Vordenker in den Bereichen Wirtschaft und Technologie mit einer Leidenschaft für den Einsatz von Technologie zum Wohle der Menschheit. Er ist Bestsellerautor von 20 Büchern, schreibt eine regelmäßige Kolumne für Forbes und berät und coacht viele der weltweit bekanntesten Organisationen. Er hat über 2 Millionen Social-Media-Follower, 1 Million Newsletter-Abonnenten und wurde von LinkedIn als einer der Top-5-Business-Influencer der Welt und von Xing als Top Mind 2021 ausgezeichnet.

Bernards neueste Bücher sind ‘Künstliche Intelligenz im Unternehmen: Innovative Anwendungen in 50 Erfolgreichen Unternehmen’

View Latest Book

Follow Me

Earned Value

2 July 2021

Earned Value (EV) measures the extent to which projects are making the desired progress. It allows companies to understand how much work has been completed as well as the costs of the work, both in relation to the project expectations.

EV = % complete x BCWP

Where BCWP is the Budgeted Cost of Work Performed = the total budgeted costs for labour and resources for the project.

Performance Level = (ACWC / EV) x 100

Where ACWC is the Actual Cost of Work Scheduled or the total amount in labour and resources that has been spent on the project to date.

This indicator is included in the book: Key Performance Indicators – the 75+ measures every manager needs to know, which contains an in-depth description of this KPI, as well as practical advice on data collection, calculations, target setting, and actual usage.

Back to KPI Library
Business Trends In Practice | Bernard Marr
Business Trends In Practice | Bernard Marr

Related Articles

How Mercedes-Benz Uses Virtual And Augmented Reality to Sell Cars, Train Staff, And Create New Customer Experiences

As the manufacturer of some of the world’s most sophisticated cars, as well as a champion in the world of motorsports, Mercedes-Benz is no slouch when it comes to cutting-edge technology.[...]

How AI Is Helping Us Create A More Sustainable Future

Climate change is an existential threat, but AI might be our secret weapon against its most destructive impacts. Read on to find out how AI is transforming our approach to renewable energy, carbon capture, policy development, and more.[...]

The Hot New Job That Pays Six Figures: AI Prompt Engineering

Back in 2017, a report by Dell Technologies and the Institute Of The Future stated that 85% of the jobs that will exist in 2030 haven’t been invented yet.[...]

Explainable AI: Challenges And Opportunities In Developing Transparent Machine Learning Models

One of the biggest problems with artificial intelligence (AI) is that it’s very difficult for us to understand how it works – it’s just too complicated![...]

15 Amazing Real-World Applications Of AI Everyone Should Know About

Artificial intelligence (AI) is no longer a buzzword; it has become an integral part of our lives, influencing every aspect of society in ways we could only dream of just a few years ago.[...]

Here’s What The Future Of The Internet Will Look Like

It's difficult to predict exactly what the future internet will look like because new technology is evolving so quickly — but there is no doubt that the newest iteration of the web will transform virtually every part of our economy and society.[...]

Stay up-to-date

  • Get updates straight to your inbox
  • Join my 1 million newsletter subscribers
  • Never miss any new content

Social Media

0
Followers
0
Followers
0
Followers
0
Subscribers
0
Followers
0
Subscribers
0
Yearly Views
0
Readers

Podcasts

View Podcasts