Earned Value Calculation

Budgeted Budget Earned Cost Cost Variance Schedule Variance Performance Index Estimated Estimated Variance

At To At
Budget at Planned Earned Schedule Completion Complete Completion
# WBS Element Completion Value Value Actual Cost $ % Var $ % Var Cost CPI SPI (EAC) (ETC) (VAC)
BAC (PV) (EV) (AC) (CV=EV-AC) (CV / EV) (SV=EV-PV) (SV / PV) (EV / AC) (EV / PV) (BAC/CPI) (EAC-AC) (BAC - EAC)
Old Designations BCWS BCWP ACWP

Totals

517288909.xls
 Budget Earned Cost Cost Variance Schedule Variance Performance Index Estimated
Planned Earned Actual Schedule Cost to
# WBS Element Value $ Value $ Cost $ $ % $ % Cost CPI SPI Complete
(PV) (EV) (AC) (CV=EV-AC) (CV / EV) (SV=EV-PV) (SV / PV) (EV / AC) (EV / PV) (AC/SPI)
Old Designations BCWS BCWP ACWP
1.0 Initiation 10,000 10,000 12,000 (2,000) -20.0% - 0.0% 0.83 1.00 12,000
2.0 Planning 30,000 30,000 27,000 3,000 10.0% - 0.0% 1.11 1.00 27,000
3.0 Implementation 120,000 60,000 66,000 (6,000) -10.0% (60,000) -50.0% 0.91 0.50 132,000
4.0 Control/Monitor 15,000 5,000 6,000 (1,000) -20.0% (10,000) -66.7% 0.83 0.33 18,000
7.0 Closeout 12,000 3,000 2,800 200 6.7% (9,000) -75.0% 1.07 0.25 11,200
Totals 187,000 108,000 113,800 (5,800) -5.4% (79,000) -42.2% 0.95 0.58 197,043
 Budget Cost
Planned Actual % Earned Cost
# WBS Element Value $ Cost $ Complete Value $ Variance
(PV) (AC) SPI (EV) CV=EV-AC
1.0 Pre-Pilot Plan 63,000 62,500 0.92 58,000 (4500)
2.0 Checklists 64,000 46,800 0.75 48,000 1200
3.0 Curriculum 23,000 23,500 0.87 20,000 (3500)
4.0 Midterm Eval 68,000 72,500 1.00 68,000 (4500)
5.0 Implementation Support 12,000 10,000 0.83 10,000 0
6.0 Manual of Practice 7,000 6,000 0.89 6,200 200
7.0 Roll-Out Plan 20,000 18,100 0.68 13,500 (4600)
Totals 257,000 239,400 0.87 223,700 (15700)
Source: PMBOK 2000 Fig 10-3
 Budget Earned Cost Cost Variance Schedule Variance Performance Index Estimated
Planned Earned Actual Schedule Cost to
# WBS Element Value $ Value $ Cost $ $ % $ % Cost CPI SPI Complete
(PV) (EV) (AC) (CV=EV-AC) (CV / EV) (SV=EV-PV) (SV / PV) (EV / AC) (EV / PV) (AC/SPI)
Old Designations BCWS BCWP ACWP
1.0 Pre-Pilot Plan 63,000 58,000 62,500 (4,500) -7.8% (5,000) -7.9% 0.93 0.92 67,888
2.0 Checklists 64,000 48,000 46,800 1,200 2.5% (16,000) -25.0% 1.03 0.75 62,400
3.0 Curriculum 23,000 20,000 23,500 (3,500) -17.5% (3,000) -13.0% 0.85 0.87 27,025
4.0 Midterm Eval 68,000 68,000 72,500 (4,500) -6.6% - 0.0% 0.94 1.00 72,500
5.0 Implementation Support 12,000 10,000 10,000 - 0.0% (2,000) -16.7% 1.00 0.83 12,000
6.0 Manual of Practice 7,000 6,200 6,000 200 3.2% (800) -11.4% 1.03 0.89 6,774
7.0 Roll-Out Plan 20,000 13,500 18,100 (4,600) -34.1% (6,500) -32.5% 0.75 0.68 26,815
Totals 257,000 223,700 239,400 (15,700) -7.0% (33,300) -13.0% 0.93 0.87 275,037
Source: PMBOK 2000 Fig 10-3

1. When is the CPI > 1.0?

2. When is the CPI < 1.0?
3. When is the SPI > 1.0?
4. When is the SPI < 1.0?