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The earned value overtime report in MS project is used to see the performance of the report over the period of time. It actually produces a chart that plots between the actual cost of work performed i.e. AC, planned value of the work i.e. budgeted cost of work scheduled and earned value i.e. budgeted cost of the work performed with respect to time. This is used wide by the project manager to check the performance with respect to the planned cost and the actual cost incurred in the project. Hence, it is used under circumstances when the project manager wants to check whether the project is moving as per budget or not....
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