PercentComplete
The one number the entire method leans on, and the one most open to optimism. How you measure it decides whether earned value tells the truth or flatters it.
Percent complete is the fraction of a work package that is finished. Multiplied by the package budget, it gives earned value, so it is the single number the whole earned-value method rests on. Because it often depends on judgment, how it is measured, by units, milestones, or a fixed rule, matters as much as the number itself.
It is the input earned value multiplies
Earned value is percent complete times the budget. Everything downstream, cost variance, schedule variance, the indices, the forecast, inherits whatever error lives in that one figure.
Report 80% on work that is really 60% and you have handed every index a 20-point lie. That is why the method you choose to measure it with is not a formality.
One package, four readings
Take a single $1.0M formwork package partway through. Each measurement method reports a different percent complete, and so a different earned value, for the exact same work on the ground. The full set of methods is in the table below.
The measurement methods
| Method | How it works | Reliability | Example reads |
|---|---|---|---|
| Units completed | Countable, repeated items (fixtures, bays, piles) | Most objective | 60% |
| Weighted milestone | Fixed % assigned to each milestone, agreed up front | Objective | 65% |
| 50 / 50 (or 0 / 100) | Fixed rule: half at start, half at finish | Objective, coarse | 50% |
| Cost ratio | Actual cost ÷ estimated total cost | Circular — use with care | 70% |
| Supervisor opinion | A judgment call at period end | Least reliable | 65% |
How POD sources percent complete
POD reads progress from the pay applications and line-level confirmations a project already produces, rather than asking for a fresh month-end estimate, so the percent complete that feeds earned value traces back to billed, confirmed work. Keeping the measurement tied to the documents of record is what keeps the earned value, and every index built on it, grounded.
Percentage-of-completion guideFrequently asked questions
Where the whole method begins
Get percent complete honest and every earned-value number downstream can be trusted. Start at the top with how it all fits together.
Related terms