Planned Value

Planned Value (PV) definition. Learn how to measure the 'BCWS' or the amount of work scheduled to be finished by a specific date.

Calculation Formula

PV = % Scheduled Completion × BAC

Real Contractor Example

By today, your schedule says you should be 40% done with a $1M project. Your PV is $400,000.

Put This Into Practice

Knowing the definition is step one. RemodelFin tracks this in real time on every job — no spreadsheets.