Which of the following metrics is included in earned value management?

Earned Value Management (EVM) includes several key metrics, one of which is the budgeted cost of work performed (BCWP). Here’s a detailed explanation:

Earned Value (EV): Represents the value of work actually performed in terms of the budget assigned for that work.

Planned Value (PV): The budgeted cost for the work planned/scheduled.

Actual Cost (AC): The actual cost incurred for the work performed.

Performance Measurement: BCWP is crucial for comparing planned work with actual progress and costs, helping in performance measurement and project forecasting.

References:

"Project Management: A Systems Approach to Planning, Scheduling, and Controlling" by Harold Kerzner.

PMI’s "A Guide to the Project Management Body of Knowledge (PMBOK Guide)".