What Contract, Earned, Remaining and % Complete mean

The four cards on every project, defined.

Steps

1. Contract: every included item's quantity × unit price, plus approved change orders. Billed-price overrides count instead of the bid price where set.
2. Earned: placed quantity × price, summed over the items. Entries drive it.
3. Remaining: contract minus earned. Negative means you are over.
4. % Complete: earned ÷ contract.