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Effective <strong>Earned</strong> Value<br />

• Effective earned value is a function of EV, P, and<br />

Rework: EV(e) = f (EV, P, Rework)<br />

EV(e) = EV(p) + (fraction usable) ∗ EV(r)<br />

= P ∗ EV + (1 / 1 + R%) ∗ [(1 − P) ∗ EV]<br />

• General equation for Effective <strong>Earned</strong> Value<br />

EV(e) = [ (1 + P ∗ R%) / (1 + R%) ] ∗ EV<br />

• Special case, when R% = 50%<br />

EV(e) = [ (P + 2) / 3 ] ∗ EV<br />

EVA-11<br />

Jun 12-17, 17, 2006<br />

Copyright 2006<br />

Lipke & Henderson 110

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