Earned Value (EV) is a performance measurement used in property development finance UK to quantify the value of work completed relative to the planned budget. It integrates cost and schedule monitoring, allowing developers to assess whether a project is on track, underperforming, or exceeding expectations. EV is calculated by multiplying the project’s planned value of tasks by their completion percentage. By comparing EV with actual costs and planned value, UK property developers can identify variances in time efficiency and budget control, supporting informed decisions on cash flow, resource allocation, and operational performance across development projects.
This sits beneath Time Efficiency, introducing a more specific variant of the measure without changing its core interpretation. It is commonly considered alongside Planned Value (PV), as both are closely related measures used to assess similar aspects of performance or risk. In funding terms, Earned Value (EV) is most commonly encountered in connection with Development Management Fee -> Converted to Equity within the property development capital stack.
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