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TOPIC: Economic value added

Economic value added 4 years 10 months ago #2662

  • Sajir Thiyam
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Confused with this term.Is it same as profit made from the project?.

Economic Value Added :It is the amount of added value the project produces for the company's shareholders above the cost of financing.

Re:Economic value added 4 years 10 months ago #2663

  • Cornelius Fichtner
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Sajir,

I have never seen this term used in connection with The PMP Exam.

Where did you find it in your studies?
Until Next Time,
Cornelius Fichtner, PMP, CSM
President, OSP International LLC

Re:Economic value added 4 years 10 months ago #2684

  • Akshay Patny
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Rita's book describes this term.
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