Earned Value Clause Samples

The Earned Value clause establishes a method for measuring project performance and progress by comparing the value of work actually completed to the planned value and actual costs incurred. In practice, this clause requires the contractor or project manager to regularly report on key metrics such as planned value, earned value, and actual cost, enabling stakeholders to assess whether the project is on schedule and within budget. Its core function is to provide an objective framework for tracking project health, allowing for early identification of deviations and facilitating timely corrective actions.
Earned Value. Chart 11-1 tracks the planned costs, earned value, and actual costs for the Project. Commencing with start of Quarter 1, the Planned Cost, Earned Value, and Actual Costs, as shown in the chart, have been aligned as a starting point for tracking. Moving forward, the chart will show the Earned Value and Actual Costs incurred, relative to Planned Costs over time.
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Earned Value. Physical progress completed for each activity shall be reported by percentage at each bi-weekly meeting and shall be the basis for calculating the earned value for actual work completed. The earned value for each activity shall be calculated by multiplying the percent complete by the weighted dollar amount for that activity, less any previous earned amounts.
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Earned Value. [1] As of August 2017 Planned, Earned, and Actual Costs are aligned.
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Earned Value. Seventy (70) percent of the cumulative award fee payment by the Government shall be assigned to the Earned Value Pool. The portion of this pool then distributed to each of Avondale, Hughes, and BIW shall be ▇▇▇▇▇ on the Cumulative Earned Value Weighting of each team member. The Cumulative Earned Value Weighting for each team member shall equal the Cumulative Earned Value for that team member divided by the sum of Cumulative Earned Values for all team members. The Cumulative Earned Value for each team member shall equal the product of 1) the Baseline Value Weighting and 2) the Cumulative Percent Complete. . The Baseline Value Weighting for each team member shall equal to the contractual cost baseline (original contract award plus signed contract modifications) of that team member divided by the total contractual cost baseline for all team members.
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Earned Value. Seventy (70) percent of the cumulative award fee payment by the Government shall be assigned to the Earned Value Pool. The portion of this pool then distributed to each of Avondale, Hughes, and HUGHES shall ▇▇ ▇▇sed on ▇▇▇ Cumulative Earned Value Weighting of each Alliance member. The Cumulative Earned Value Weighting for each Alliance member shall equal the Cumulative Earned Value for that Alliance member divided by the sum of Cumulative Earned Values for all Alliance members. The Cumulative Earned Value for each Alliance member shall equal the product of 1) the Baseline Value Weighting and 2) the Cumulative Percent Complete.
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Earned Value. As soon as practical after January 1, 2005, the Earned Value shall be determined for each participant pursuant to this Agreement. This determination shall be made by using Attachment B; the number of Shares earned shall be calculated by multiplying the resulting value from the Corporate PSP Matrix times the initial grant value. The value from the matrix is located at the intersection of (1) the row of figures in horizontal line with and to the right of the Net Income versus Budget actually achieved for the Performance Period and (2) the column of figures in vertical line with and below the Net Income as a Percent of sales vs. the Peer Group average three-year percentile actually achieved by Company.
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Related to Earned Value

  • Market Value Adjustment Transfer of Current Value from the Funds or AG Account ............ 17 3.08 Notice to the Certificate Holder .................................. 18 3.09 Loans ............................................................. 18 3.10 Systematic Withdrawal Option (SWO) ................................ 18 3.11

  • Target Fair Market Value The Company agrees that the Target Business that it acquires must have a fair market value equal to at least 80% of the balance in the Trust Account at the time of signing the definitive agreement for the Business Combination with such Target Business (excluding taxes payable and the Deferred Underwriting Commissions). The fair market value of such business must be determined by the Board of Directors of the Company based upon standards generally accepted by the financial community, such as actual and potential sales, earnings, cash flow and book value. If the Board of Directors of the Company is not able to independently determine that the target business meets such fair market value requirement, the Company will obtain an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions with respect to the satisfaction of such criteria. The Company is not required to obtain an opinion as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.

  • Non pre-priced Adjustment Factor To be applied to Work determined not to be included in the CTC but within the general scope of the work: 1.1500.

  • Bonus Amount For purposes of this Agreement, "Bonus Amount" shall mean the greater of (a) the target annual bonus payable to the Executive under the Incentive Plan in respect of the fiscal year during which the Termination Date occurs or (b) the highest annual bonus paid or payable under the Incentive Plan in respect of any of the three full fiscal years ended prior to the Termination Date or, if greater, the three (3) full fiscal years ended prior to the Change in Control.

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.