Tabel 1.

Earned Value Formulas

Term Formula
Earned Value EV = PV to date x RP
Cost Variance CV = EV – AC
Schedule Variance SV = EV – PV
Cost Performance Index CPI = EV / AC
Schedule Performance Index SPI = EV / PV
Estimate at Completion (EAC) EAC = BAC / CPI
Estimated time to complete Original Time Estimate / SPI

a.
Cost variance (CV) .
CV = EV – AC = $20,000 – $25,000 = -$5,000
Schedule variance (SV)
SV = EV – PV = $20,000 – $23,000 = -$3,000
Cost performance index (CPI)
CPI = EV / AC = $20,000 / $25,000 = 0.8 x 100 = 80%
Schedule performance index (SPI)
SPI = EV / PV = $20,000 / $23,000 = 0.869565 x 100 = 86.957%

b. Proyerk tersebut berjalan dengan baik, According to Schwalbe (2006, p.272) stated that “if CV is a negative number,
it means that performing the work cost more than planned. If a negative SV means that it took longer than planned to
perform the work.” Moreover, “if the CPI is less than one or less than 100 percent, the project is over budget, and if
the SPI is less than one or 100 percent, the project is behind schedule. Therefore, according to the project calculated
CV equals -$5,000, SV equals -$3,000, the CPI is 80% less than 100 percent, and the SPI is 87% less than 100 percent,
so that the project is both over budget and behind schedule.

c. Sebagi hasil formula CPI untuk kalkulasi EAC dalam project dijabarkan, kalkulasi EAC adalah $150,000 melebihi
anggaran yang di rencanakan $120,000. Maka performed proyek lebih buruk dibandingkan saat direncanakan, karena
jika proyek berjalan sesuai perencanaan maka proyek akan selesai pada waktu 12 month dan cost $120,000.
EAC = BAC / CPI = $120,000 / 0.8 = $150,000

d. Menurut formula, estimasi waktu untum menyelsaikan proyek adalah sebagi berikut
SPI = 12 months / SPI = 12 / 86.957% = 13.8 months
Sebagai hasil SPI, memerlukan 13.8 months untuk menyelesaikan project.