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5.4 Earned Value Status Report

The earned value status report provides an overall status of a project. The current period shows a negative schedule variance but a positive cost variance. The root causes and impacts are described. Estimates at completion are calculated using different methods with one selected for justification. Critical paths and risks are also outlined.

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Dasaka Brahmendra
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70 views6 pages

5.4 Earned Value Status Report

The earned value status report provides an overall status of a project. The current period shows a negative schedule variance but a positive cost variance. The root causes and impacts are described. Estimates at completion are calculated using different methods with one selected for justification. Critical paths and risks are also outlined.

Uploaded by

Dasaka Brahmendra
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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EARNED VALUE STATUS REPORT

Project Title:

Date Prepared:

Budget at Completion (BAC):

Overall Status:
Current Reporting
Period

Planned value (PV)


Earned value (EV)
Actual cost (AC)
Schedule variance (SV)
Cost variance (CV)
Schedule performance index (SPI)
Cost performance index (CPI)
Root Cause of Schedule Variance:

Impact on Deliverables, Milestones, or Critical Path:

Root Cause of Cost Variance:

Impact on Budget, Contingency Funds, or Reserve:

Percent planned
Percent earned
Percent spent
Estimates at Completion (EAC):
EAC w/CPI [BAC/CPI]
EAC w/ CPIxSPI [AC+((BAC-EV)/(CPIxSPI))]

Selected EAC, Justification, and Explanation

To complete performance index (TCPI)

Current Period
Cumulative

VALUE STATUS REPORT

Critical Path:

or Reserve:

tion

Past Period
Cumulative

Parametric Estimates
WBS ID

Resource
Effort Hours Quantity
1.1
150
2

Analogous Estimates
Prior
Prior activity Variable

WBS ID

1.1 Build deck

160 sq. ft.

Three Point Estimates


Optimistic
estimate

WBS ID
1.1

Most likely
estimate
20
25

Parametric Estimates
Performance
Duration
% available
factor
Estimate
75%
80%
125

Analogous Estimates
Duration

Current
variable

10 days

200 sq. ft.

Duration
Estimate

Multiplier
1.25

Three Point Estimates


Pessimistic
estimate

Weighting
factor
36 (o+4m+p)/6

Expected
Duration
Estimate
26

12.5

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