Earned Value
The sum of the budgets for completed work packages and completed portions of open work packages, plus the applicable portion of the budgets for level of effort and apportioned effort. This is a special reporting set used in a number of standard reports and can change based on the terminology setting. By default in v4.x this set was titled BCWP. In v5.0, it is, by default, titled Earned. This value appears in the Control Account pane of the Project View.