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Enquiry about denfinition of Budget, planned, earned

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Sum Lap Key
User offline. Last seen 16 years 50 weeks ago. Offline
Joined: 7 Nov 2007
Posts: 18
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Dear All

Would you mind to tell me how and classify and define the follows:


Budget amount
Planned Value
Earned Value
Actual Value

How to relate to target, current value ?

Not clear about the concept and quite confused.

Thank you for your help.

Mercer