Planned Value definition

Planned Value means the portion of the Estimated Reimbursable Value applicable to each of the Fixed Price Work, Time and Material Work – Target Cost and Time and Material Work – Reimbursable, respectively, planned to be spent on the performance of such work during the period of time commencing from the Commencement Date in accordance with the Work Breakdown Structure and Cost Breakdown Structure.
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Planned Value has the meaning given in Schedule 12 – Works Scheduling Requirements.
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Examples of Planned Value in a sentence

  • The schedule calculates key metrics such as Earned Value (EV), Planned Value (PV) and Schedule Performance Index (SPI).

  • The baseline curve represents the expected trend for project costs in relation to time, costs which are also called Planned Value (PV).

  • Cumulative EV to date (summed for all tasks) will be presented on a time based chart that includes the projected cumulative Planned Value (PV) for the life of the Project and the cumulative actual costs (AC) to date for the Project.

Related to Planned Value

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).

  • Current Assessed Value means the annual taxable assessed value of all real and tangible

  • Good Value means that the Benchmarked Rates are within the Upper Quartile

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).