Your project status can be presented with the following diagram: Match the values presented in this graph with the corresponding Earned Value Analysis indicators. Formulas: EVA Component Formula Planned value (PV) N/A Earned value (EV) N/A Actual cost (AC) N/A Budget at completion (BAC) N/A Schedule variance (SV) SV = EV – PV Cost variance (CV) CV = EV- AC Estimated final duration PlannedProjectDuration / SPI % Complete %Complete = (EV/BAC) x 100 Schedule performance index (SPI) SPI = EV/PV Cost performance index (CPI) CPI = EV/AC Estimate at completion (EAC) – final cost Future work will be accomplished at the planned rate: Both CPI and SPI influence the remaining work: CPI is expected to be the same for the remainder of the project: EAC = AC + BAC – EV EAC = AC + [(BAC-EV)/(CPIxSPI)] EAC = BAC/CPI Estimate to complete (ETC) ETC = EAC – AC Variance at Completion (VAC) VAC = BAC-EAC 1: Actual Cost (AC) 2: Planned Value (PV) 3: Earned Value (EV) 4: Original Budget (BAC) 5: Schedule Performance Index (SPI) 6: Cost Performance Index (CPI) 7: Schedule Variance (SV) - money 8: Cost Variance (CV) 9: Project duration (months) 10: Months that project is behind/ahead of schedule at the momentMatching
A
0.94
B
$15M
C
$1M
D
$17M
E
-$1M
F
21
G
$23M
H
1.07
I
$16M
J
1
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Your project status can be presented with the diagram: What is the status of your project? Formulas: EVA Component Formula Planned value (PV) N/A Earned value (EV) N/A Actual cost (AC) N/A Budget at completion (BAC) N/A Schedule variance (SV) SV = EV – PV Cost variance (CV) CV = EV- AC Estimated final duration PlannedProjectDuration / SPI % Complete %Complete = (EV/BAC) x 100 Schedule performance index (SPI) SPI = EV/PV Cost performance index (CPI) CPI = EV/AC Estimate at completion (EAC) – final cost Future work will be accomplished at the planned rate: Both CPI and SPI influence the remaining work: CPI is expected to be the same for the remainder of the project: EAC = AC + BAC – EV EAC = AC + [(BAC-EV)/(CPIxSPI)] EAC = BAC/CPI Estimate to complete (ETC) ETC = EAC – AC Variance at Completion (VAC) VAC = BAC-EAC
Your project status can be presented with the following diagram: Match the values presented in this graph with the corresponding Earned Value Analysis indicators. Formulas: EVA Component Formula Planned value (PV) N/A Earned value (EV) N/A Actual cost (AC) N/A Budget at completion (BAC) N/A Schedule variance (SV) SV = EV – PV Cost variance (CV) CV = EV- AC Estimated final duration PlannedProjectDuration / SPI % Complete %Complete = (EV/BAC) x 100 Schedule performance index (SPI) SPI = EV/PV Cost performance index (CPI) CPI = EV/AC Estimate at completion (EAC) – final cost Future work will be accomplished at the planned rate: Both CPI and SPI influence the remaining work: CPI is expected to be the same for the remainder of the project: EAC = AC + BAC – EV EAC = AC + [(BAC-EV)/(CPIxSPI)] EAC = BAC/CPI Estimate to complete (ETC) ETC = EAC – AC Variance at Completion (VAC) VAC = BAC-EAC 1: Actual Cost (AC) 2: Planned Value (PV) 3: Earned Value (EV) 4: Original Budget (BAC) 5: Schedule Performance Index (SPI) 6: Cost Performance Index (CPI) 7: Schedule Variance (SV) - money 8: Cost Variance (CV) 9: Project duration (months) 10: Months that project is behind/ahead of schedule at the moment
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