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EVM Calculator

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Tiago José Barata Vargas
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840 views1 page

EVM Calculator

Uploaded by

Tiago José Barata Vargas
Copyright
© Attribution Non-Commercial (BY-NC)
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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Data Value Measurement Formula Synonym Explanation/Remark

Basic data points:


Budget at Completion (BAC) € 10,000.00 Monetary Planned total project budget
Actual Cost (AC) € 7,500.00 Monetary ACWP Actual Cost of Work Performed
Planned Duration in months 24 Months (for EACt calculation)
Percent completed 80.00% Percentage Actual percentage of work completed
Percentage planned 90.00% Percentage How much % should the project be completed
Earned Value (EV) € 8,000.00 Monetary BAC * percentage completed BCWP Budgeted Cost of Work Performed
Planned Value (PV) € 9,000.00 Monetary BAC * percentage planned BCWS Budgeted Cost of Work Scheduled
Performance:
Cost Performance Indicator (CPI) 1.07 Indice EV/AC How efficiently are we using our resources? (Less than 1 is over budget)
Schedule Performance Indicator (SPI) 0.89 Indice EV/PV How efficient are we using time? (Less than 1 is behind schedule)
To Complete Performance Index (TCPI BAC) 0.80 Indice (BAC-EV)/(BAC-AC) How efficient must we use our remaining resources?
To Complete Performance Index (TCPI EAC) 1.07 Indice (BAC-EV)/(EAC-AC)
Cost Schedule Index (CSI) 0.95 Indice CPI * SPI

Variance:
Cost Variance (CV) € 500.00 Monetary EV-AC Are we under or over budget?
Cost Variance (CV%) 6.25% Percentage CV/EV Are we under or over budget?
Schedule Variance (SV) -€ 1,000.00 Monetary EV-PV Are we ahead or behind Schedule?
Schedule Variance (SV%) -11.11% Percentage SV/PV Are we ahead or behind Schedule?
Variance at Completion (VAC) € 625.00 Monetary BAC-EAC Will we be under or over budget?
Variance at Completion (VAC%) 6.25% Percentage VAC/BAC Will we be under or over budget?

Forecast: What is theproject likely to cost?


Estimated Cost at Completion (EAC) - Typical variance € 9,375.00 Monetary BAC/CPI Assumes past performance to continue
Estimated Cost at Completion (EAC) - Atypical variance € 9,500.00 Monetary AC+BAC-EV Assumes future work to be performed as budgeted
Estimated Cost at Completion (EAC) - CPI*SPI € 9,609.38 Monetary AC+[(BAC-EV)/(CPI*SPI)] Considers both CPI & SPI indices
Estimated To Complete (ETC) - Typical variance € 1,875.00 Monetary (BAC-EV)/CPI Assumes past performance to continue
Estimated To Complete (ETC) - Atypical variance € 2,000.00 Monetary BAC-EV Assumes future work to be performed as budgeted
Estimated To Complete (ETC) EAC-AC € 2,000.00 Monetary EAC-AC EAC is Atypical, but orig. estimates were flawed
Time Estimate at Completion (EACt) 27.00 Months (BAC/SPI)/(BAC/Duration_in_months) When are we likely to finish work?

You need to fill in at least the data in the blue table "Basic data points". (Duration in months is optional)

All the formulas are based on the PMBOK® Guide 4th Edition, and the PMI Practice Standard for Earned Value Management (2005)
If you find an error or have a suggestion, you can contact me: [email protected]
v1.1 - 18 May 2011

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