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Earned Value Management: SL No. Description Status %age or Value

The document provides information on earned value management for a project. It shows that the project is 50% complete based on actual work, but was planned to be 70% complete. It is behind schedule with a Schedule Performance Index (SPI) of 0.714 and a negative Schedule Variance (SV) of -20. It is also over budget with a Cost Performance Index (CPI) of 0.714 and a negative Cost Variance (CV) of -20. Formulas are provided to calculate key earned value metrics.

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Manash Protim Gogoi
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64 views3 pages

Earned Value Management: SL No. Description Status %age or Value

The document provides information on earned value management for a project. It shows that the project is 50% complete based on actual work, but was planned to be 70% complete. It is behind schedule with a Schedule Performance Index (SPI) of 0.714 and a negative Schedule Variance (SV) of -20. It is also over budget with a Cost Performance Index (CPI) of 0.714 and a negative Cost Variance (CV) of -20. Formulas are provided to calculate key earned value metrics.

Uploaded by

Manash Protim Gogoi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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EARNED VALUE MANAGEMENT

%age or
Sl No. Description Status
Value
1 Budget at Completion (BAC) 100
2 Planned % Complete (%PC) 70%
3 Actual % Complete (%AC) 50%
4 Actual Cost (AC) 70

5 Planned Value (PV) 70


6 Earned Value (EV) 50
7 Schedule Performance Index (SPI) 0.714
8 Schedule Varience (SV) -20 Project is behind the schedule
9 Cost Performance Index (CPI) 0.714
10 To Complete Performance Index (TCPI) 1.667
11 Cost Varience (CV) -20 Project is over budgeted
IF SPI = 1 SV = 0 Project is on proper schedule
SPI < 1 SV < 0 Project is behind the schedule
SPI > 1 SV > 0 Project is ahead of schedule

IF CPI = 1 CV = 0 Project is on budget


CPI < 1 SV < 0 Project is over budgeted
CPI > 1 SV > 0 Project is under budgeted
Sl No. Formulaes
1 PV = BAC X %PC
2 EV = BAC X %AC
3 SPI = EV / PV
4 SV = EV - PV
5 CPI = EV / AC
6 TCPI = (BAC-EV) / (BAC-AC)
7 CV = EV - AC

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