P

PV

see planned value.

percentage complete

the percentage of total earned value that has been accumulated for a project:

\begin{equation*}  \mi {percentage\  complete} = \frac{\mi {EV}}{\mi {BAC}} \end{equation*}

planned value

the physical work that is scheduled, plus the authorized budget to accomplish the scheduled work. Previously, this term was called the budgeted cost of work scheduled (BCWS).