Earned Value Management

Earned Value

Project: Project Name

ID: Code identifying the project.
Start date Date of the start of the Project Finish Date: Estimated date of the end of the Project Cut-off date: Date on which earned value is reported.

Year
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9
Planned value
Accumulated planned value PV $ - $ - $ - $ - $ - $ - $ - $ - $ -
Actual Cost
Accumulated Actual Cost AC $ - $ - $ - $ - $ - $ - $ - $ - $ -
Percentage of progress achieved during the month %comp
Earned value from work conducted $ - $ - $ - $ - $ - $ - $ - $ - $ -
Earned value from accumulated work conducted EV $ - $ - $ - $ - $ - $ - $ - $ - $ -

Budgeted Actual Cost $1

Indexes and variance Value $1

Cost Variance (CV) [CV=EV-AC]
$1
Schedule Variance (SV) [SV=EV-PV]

Cost Performance Index (CPI) [CPI = EV/AC] $1

Schedule Performance Index (SPI) [SPI = EV/PV] $1

Earned Value Graph
Estimate at Completion (EAC) [EAC = BAC/CPI] $1

$0

CV negative, the project is overspent

CV positive, the project has spent less than budgeted $0

SV negative, the project is delayed $0

SV positive, the project is ahead of schedule

$0
CPI lower than 1, the project is overspent
CPI greater than 1, the project has spent less than budgeted
$-
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
SPI lower than 1, the project is delayed
SPI lower than 1, the project is ahead of schedule
 Date on which earned value is reported.

Month 10 Month 11 Month 12

$ - $ - $ -

$ - $ - $ -

$ - $ - $ -
$ - $ - $ -

PV

AC

EV

h7 Month 8 Month 9 Month 10 Month 11 Month 12

 Earned Value Management

Earned Value
Project: Educational Support
ID: HT2011-12
Start date 6/1/2011 Finish Date: 6/30/2013 Cut-off date:

Year
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7
Planned value $ 20,000 $ 40,000 $ 60,000 $ 80,000 $ 120,000 $ 140,000 $ 160,000
Accumulated planned value PV $ 20,000 $ 60,000 $ 120,000 $ 200,000 $ 320,000 $ 460,000 $ 620,000
Actual Cost $ 20,000 $ 20,000 $ 40,000 $ 60,000 $ 80,000 $ 100,000 $ 150,000
Accumulated Actual Cost AC $ 20,000 $ 40,000 $ 80,000 $ 140,000 $ 220,000 $ 320,000 $ 470,000
Percentage of progress achieved during the month %comp 1.5% 3.0% 4.0% 6.0% 8.5% 10.0% 12.0%
Earned value from work conducted [EV= % comp x BAC] $ 18,300 $ 36,600 $ 48,800 $ 73,200 $ 103,700 $ 122,000 $ 146,400
Earned value from accumulated work conducted EV $ 18,300 $ 54,900 $ 103,700 $ 176,900 $ 280,600 $ 402,600 $ 549,000

Budgeted actual cost (BAC) $ 1,220,000 $1,400,000

Indexes and variance Value $1,200,000

Cost Variance (CV) [CV=EV-AC] $ 79,000
Schedule Variance (SV) [SV=EV-PV] -71,000
$1,000,000
Cost Performance Index (CPI) [CPI = EV/AC] 1.17
Schedule Performance Index (SPI) [SPI = EV/PV] 0.89
Estimate at Completion (EAC) [EAC = BAC/CPI] 1,044,444 $800,000

$600,000
CV negative, the project is overspent
CV positive, the project has spent less than budgeted
$400,000
SV negative, the project is delayed
SV positive, the project is ahead of schedule $200,000

CPI lower than 1, the project is overspent

$-
CPI greater than 1, the project has spent less than budgeted Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10

SPI lower than 1, the project is delayed

SPI lower than 1, the project is ahead of schedule
 12/31/2011

Year
Month 8 Month 9 Month 10 Month 11 Month 12
$ 180,000 $ 180,000 $ 120,000 $ 80,000 $ 40,000
$ 800,000 $ 980,000 $ 1,100,000 $ 1,180,000 $ 1,220,000

PV AC

EV

nth 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12