Calculating the Value of Work Done (VOWD)


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What does the value of work done technique accomplish?

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1. What industry is value of work done primarily used in?

2. Calculate the VOWD with the following information: Labor rate $50.00 and 4 techs each worked 8 hours.

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About This Quiz & Worksheet

The quiz and worksheet help check your knowledge of calculating the value of work done. You will need to know how to calculate VOWD in order to do well on the quiz.

Quiz & Worksheet Goals

In these assets, you will be quizzed over:

  • Which industry uses VOWD the most
  • Using the VOWD formula
  • Calculating the VOWD
  • How the VOWD differs from the earned value method

Skills Practiced

  • Information recall - access the knowledge you have gained regarding the VOWD formula and how it is used
  • Reading comprehension - ensure that you draw the most important details from the business lesson on VOWD
  • Knowledge application - use your knowledge to calculate the VOWD

Additional Learning

Gain more knowledge about these strategies by reading the lesson called Calculating the Value of Work Done (VOWD). Thanks to this lesson, you can:

  • Determine what the VOWD technique is
  • See how VOWD is calculated
  • Learn what happens when a project finishes early