Weighted Milestone Method

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Weighted Milestone Method is a method of estimating earned value in which the budget value of a work package is divided into measurable segments, each ending with a milestone that is assigned a weighted budget value. See also fixed formula method.

Definition

According to the PMI Lexicon of Project Management Terms,

Weighted Milestone Method. A method of estimating earned value in which the budget value of a work package is divided into measurable segments, each ending with a milestone that is assigned a weighted budget value. See also fixed formula method.
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