Planned Value (PV) in Zoho Projects’ Earned Value Management framework is the authorised budget assigned to the work scheduled to be completed by a specific point in time. It represents what you intended to spend on the portion of work that should be done by today’s date.
PV is derived from the project’s budget and schedule. If a project has a total budget of Rs 10 lakh and is 30% through its scheduled duration, the PV at that point is Rs 3 lakh. Zoho Projects calculates this automatically when budgets and task estimates are set.
PV alone tells you what you planned. It becomes meaningful when compared to Earned Value (what you actually achieved) and Actual Cost (what you actually spent). The combination of all three EVM values reveals whether the project is on track in both schedule and cost dimensions.
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