Planned Value (PV)
Planned Value is the approved value of the work to be completed in a given time. It is the value that should have been earned as per the schedule. As per the PMBOK Guide, “Planned Value (PV) is the authorized budget assigned to work to be accomplished for an activity or WBS component.”[1]
- ↑ Definition - What Does Planned Value (PV) Mean? PM Study Circle