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You can calculate historical earned value metrics based on the contract associated earned value reporting period. Also, update a contract current earned value metrics at any time. Do this manually, or run the Update Earned Value Totals - Contracts job at scheduled times. Both the methods refresh the earned value (EV) metrics and display on CWBS elements, control accounts, and work packages.
The earned value reporting period defines the frequency and the interval for the Update Earned Value History - Contracts job. The aim is to take historical earned value snapshots of performance and save snapshot in the earned value history table.
See the Administration Guide for more information.
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