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What is Backlog?
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What is Backlog?
Backlog is a measure of the value of work you have under contract that has not been completed. Theoretically, each day as you work on a project you are whittling away at your backlog. The calculation is your Fees minus your Earned Value.
Updated:
Dec 18, 2021
Other Articles
Definitions of Some Terms
Phase Billing Formats
Earned Value Calculation
Fee Burn
Project Financial Terms
Billing Formats
What is Earned Value?
Earned Value Calculation
How is backlog calculated?