EVM Publish PDF

VISION
Earned Value
Management
The Arabic Book
Eng. Mahmoud ElTahawy
Cell phone (20)0107866613
Email : m-tahawy@Hotmail.com
Earned Value Management

Chapter 1
Introduction
( ) Earned Value Management

.
( )Earned Value Management

( )Management With Lights On

.
EVM
( . )Cost, Schedule, Scope

?1- Are we ahead or behind Schedule

?2- How efficiently are we using our time

?3- When is the project likely to be completed

?4- Are we Currently Under or over budget

?5- How efficiently are we using our budget

VISION | Eng. Mahmoud ElTahawy

2
?6- What is the remaining work likely to cost

?7- What is the entire project likely to cost

?8- How much will we be under or over budget at the end

EVM
EVM :
A- Where the Problems are occurring.
.
B- Whether the problems are critical or not.
.
C- What it will take to get the project back on track.
.

3
EVM .
EVM
Planning Controlling
Cost Schedule
Corrective Actions .
Planning
EVM WBS 1
OBS2 Control Account Matrix
WBS
Work Breakdown Structure

Organization Breakdown Structure
1
2
Project Logic EVM

) Scope ,Schedule, Cost(
) PMB( Performance Measurement Baseline

Task
Budget Jan Feb Mar Apr May Jun

6
6
12
16
12
48
7
Aug Sep Oct Nov Dec
12
8
Jul
21
28
18
18
4
10
28
16
CUM
150
-
6
6
14
20
12
32
16
48
19
67
21
88
22
110
8
118
10
128
134
8
142
8
150
Work Plan Gantt (Bar) Chart

5
PMB
160
150
142
134
140
128
118
120
110
88
80
PV
67
60
48
40
32
20
20
6
Oct Nov Dec
Aug Sep
Jul
Resource
100
Feb Mar Apr May Jun
0
Jan
)Performance Measurement Baseline (PMB
()Execution
EVM
.
EVM
.1 PMB :
)a . WBS
)b . OBS
)c .
.2
)a
)b
)c
)d
.
.
.
.

Chapter 2
Basic Elements of Earned Value

Management
:
Planned Value
Earned Value
Actual Value
EVM
. )Planned Value (PV)( o
)Budgeted Cost of Work Scheduled (BCWS)(

. PV
PMB
160
140
128
Resource
120
110
100
150
118
88
80
PV
67
60
48
40
32
20
0
134
142
20
6
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Planned Value S-Curve for the Example Project


7
. )Earned Value (EV)( o
.)Budgeted Cost of Work Performed (BCWP)(

.
160
140
120
100
80
PV
60
EV
48
40
32
20
0
32
20
6
Jan Feb Mar Apr May Jun
Jul Aug Sep Oct Nov Dec
Planned Value VS. Earned Value S-Curve for the Example Project

8
o (). )Actual Cost (AC
(). )Actual Cost of Work Performed (ACWP

.
160
140
120
100
AC
60
48
40
40
32
20
20
6
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Resource
PV
80
Task
Budget
12
Jan Feb Mar Apr May Jun

6
6
8
B
12
16
Aug Sep Oct Nov Dec
12
48
7
Jul
21
28
18
18
4
10
28
16
CUM
150
-
6
6
14
20
12
32
16
48
19
67
21
88
22
110
8
118
PV
CUM
EV
CUM
AC
CUM
48
6
6
6
6
6
6
14
20
14
20
14
20
12
32
12
32
12
32
16
48
0
32
8
40
19
67
0
0
0
21
88
0
0
0
22
110
0
0
0
8
118
0
0
0
32
40
10
128
134
10
128
134
8
142
8
150
8
142
0
0
0
8
150
0
0
0
Work Plan and Status for the Example Project (As of April 30)

10
160
140
120
Resource
100
80
60
40
20
0
Jan
Feb Mar Apr May Jun
Jul
110 118 128 134 142 150
PV
20
32
48
EV
20
32
32
AC
20
32
40
67
88
Aug Sep
Oct Nov Dec
Cumulative planned value, Earned Value, and Actual Cost for The Example Project
(As of April 30)

11
Chapter 3
EVM Performance Analysis and

Forecasting
EVM :
Planned Value
Earned Value
Actual Value
:
())Budget at Completion (BAC

BAC =Total Planned Value
:
o Variances
o Indices
o Forecasts
:
PV
AC
EV
Data
BAC
SV
CV
VAC
Variances
SPI
CPI
TCPI
Indices
EAC
Forecasts

12
Formulas
VAC = BAC - EAC
CV = EV- AC
SV = EV - PV
TCPI = (BAC-EV) / (BAC-AV)
CPI = EV/ AC
SPI = EV/ PV
EAC = BAC / CPI
Project Management Question
EVM Performance Measure
How are we doing time-wise?
Schedule analysis & forecasts
Are we ahead or behind schedule?
Schedule variance (SV)
How efficiently are we using our time?
Schedule performance index (SPI)
When are we likely to finish work?
Time estimate at completion (EACt)
How are doing cost-wise?
Cost and analysis forecasts
Are we under or over budget?
Cost variance (CV)
How efficiently are we using our

resources?
How efficiently must we use our remaining
resources?
Cost performance index (CPI)

To-complete Index (TCPI)
What is the project likely to cost?
Estimate ate completion (EAC)
Will we be under or over budget?
Variance at completion (VAC)
What will the remaining work cost?
Estimate to complete (ETC)
EVM and Basic Project Management Question-

13
Schedule Analysis and Forecasting
(How are we doing time-wise?)
Schedule Variance (Are we ahead or behind schedule?)
SV = EV PV =32 48 = -16
SV
SC% = SV / PV = -16/48 = -33%

. ) ( 33%
Schedule Performance Index (How efficiently are we using our time?)
SPI = EV / PV = 32 / 48 = 0.67
67%
. 20 5 = 8 *0.67 = 8
Time Estimate at Completion (When are we likely to finish?)
EACt = (BAC/SPI)/ (BAC/month) = (150/0.667)/ (150/12) = 18 month
18
Cost Analysis and Forecasting

(How are we doing cost-wise?)
Cost Variance (Are we under or over budget?)
CV = EV AC =32 40 = -8
CV
CV% = CN / EV = -8/32 = -25%

. 25%
Cost Performance Index (How efficiently are we using our resources?)

CPI = EV / AC = 32 / 40 = 0.80
0.8
1 Pound Efficiency = 0.8 Pound
To-complete performance Index (How efficiently must we use our

remaining resources?)
TCPI = (BAC-EV)/(BAC-AC)= (150-0.8)/-(150-40)=1.07
TCPI= 1.07 CPI=0.8
Estimate at completion (What is the Project likely to cost?)

EAC = BAC/CPI = 150/0.80 = 180.50
150 180.50
.
Variance at completion (Will we be under or over budget?)

VAC = BAC EAC = 150-180.50 = -37.50

37.5
VAC%=VAC/BAC = -37.50/150 = -25%
Estimate To complete (What will the remaining work cost?)

ETC = (BAC EV)/ CPI = (150- 32) /0.80 =147.50
ETC EAC Check
EAC = AC+ETC = 40+ 147.50 = 187.50
OK
14

15
APPENDIX A
Performance Reporting

S-Curve
Tables
Bar Chart
S- Curve

EVM .
Tables
EVM
Bar Chart
EVM
APPENDIX B
A comprehensive Chart
16

17
/
( ) 2006
0107866613
m-tahawy@hotmail.com

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VISION

Earned Value Management

( ) Earned Value Management

( )Earned Value Management

Earned Value Management

?6- What is the remaining work likely to cost

VISION | Eng. Mahmoud ElTahawy

Earned Value Management

OBS2 Control Account Matrix

Work Breakdown Structure

VISION | Eng. Mahmoud ElTahawy

Earned Value Management

Project Logic EVM

Budget Jan Feb Mar Apr May Jun

Aug Sep Oct Nov Dec

Work Plan Gantt (Bar) Chart

VISION | Eng. Mahmoud ElTahawy

Earned Value Management

Feb Mar Apr May Jun

)Performance Measurement Baseline (PMB

VISION | Eng. Mahmoud ElTahawy

Earned Value Management

Basic Elements of Earned Value

)Budgeted Cost of Work Scheduled (BCWS)(

Planned Value S-Curve for the Example Project

Earned Value Management

Jul Aug Sep Oct Nov Dec

VISION | Eng. Mahmoud ElTahawy

Earned Value Management

VISION | Eng. Mahmoud ElTahawy

Earned Value Management

Jan Feb Mar Apr May Jun

Aug Sep Oct Nov Dec

VISION | Eng. Mahmoud ElTahawy

Earned Value Management

Feb Mar Apr May Jun

110 118 128 134 142 150

Oct Nov Dec

VISION | Eng. Mahmoud ElTahawy

Earned Value Management

EVM Performance Analysis and

BAC =Total Planned Value

VISION | Eng. Mahmoud ElTahawy

Earned Value Management

VAC = BAC - EAC

TCPI = (BAC-EV) / (BAC-AV)

EAC = BAC / CPI

Project Management Question

EVM Performance Measure

How are we doing time-wise?

Schedule analysis & forecasts

Are we ahead or behind schedule?

Schedule variance (SV)

How efficiently are we using our time?

Schedule performance index (SPI)

When are we likely to finish work?

Time estimate at completion (EACt)

How are doing cost-wise?

Cost and analysis forecasts

Are we under or over budget?

Cost variance (CV)

How efficiently are we using our

Cost performance index (CPI)