Definitions

Project Earned Value Analysis

Metric Abbrev. Description Formula/Value

Budget at Completion BAC Baseline cost for 100% of project. N/A
Actual Cost AC Total costs actually incurred so far. N/A
Earned Value EV Amount of budget earned so far based on physical work N/A
accomplished, without reference to actual costs.
The budget for the physical work scheduled to be completed by
Planned Value PV N/A
the end of the time period.
Measure of cost overrun. The difference between the budget Earned Value–Actual Cost
Cost Variance CV for the work actually done so far and the actual costs so far. EV–AC
Cost efficiency ratio. A CPI of 1.00 means that the costs so far Earned Value/
Cost Performance Index CPI are exactly the same as the budget for work actually done so Actual Cost
far. EV/AC
Measure of schedule slippage. The difference between the
Earned Value–Planned Value
Schedule Variance SV budget for the work actually done so far and the budgeted cost
EV–PV
of work scheduled.

Schedule Performance Index
Estimate to Completion
Estimate at Completion
Variance at Completion
Status
SPI The schedule efficiency ratio. An SPI of 1.0 means that the Earned Value/Planned Value
project is exactly on schedule. EV/PV
Estimate at Completion–Actual Cost
ETC The expected additional cost to complete.
EAC–AC
Budget at Completion/Cost
EAC Expected total cost based on the current cost efficiency ratio. Performance Index
BAC/CPI
Budget at Completion–Estimate at
VAC Estimated cost overrun at the end of project. Completion
BAC–EAC
(Cost Performance Index+Schedule
Average of CPI & SPI. Performance Index)/2
(CPI+SPI)/2
GREEN = On track >1.0
YELLOW = Slightly behind schedule or budget >0.85
RED = Needs immediate attention >0.65
BLACK = Killed or Restore <0.65

Page 1 of 4
 Source Data

Project Earned Value Analysis

Nama Project:
Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Budget at Completion (BAC) Rp 100,000,000
Earned Value (EV) Rp 100,000,000
Actual Cost (AC) Rp 1,000,000
Planned Value (PV) Rp 1,000,000
Cost Variance (CV) Rp 99,000,000 Rp - Rp - Rp - Rp - Rp - Rp - Rp - Rp - Rp -
Schedule Variance (SV) Rp 99,000,000 Rp - Rp - Rp - Rp - Rp - Rp - Rp - Rp - Rp -
Cost Performance Index (CPI) Rp 100
Schedule Performance Index (SPI) Rp 100
Estimate to Completion (ETC) Rp -
Estimate at Completion (EAC) Rp 1,000,000
Variance at Completion (VAC) Rp 99,000,000
Average Index 100.00 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Status based on Average Performance
Index GREEN

Comments New baseline

set

Page 2 of 4
 Trend Analysis

Earned Value Analysis

Rp120,000,000

Rp100,000,000

Rp80,000,000
$ (000)

Rp60,000,000

Rp40,000,000

Rp20,000,000

Rp-
Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Period

Budget at Completion (BAC) Actual Cost (AC)

Earned Value (EV) Planned Value (PV)

Performance Index

Rp96
Rp89
Rp82
Rp75
Rp69
Rp62
Efficiency

Rp55
Rp48
Rp41
Rp35
Rp28
Rp21
Rp14
Rp7
Rp1
Jan Feb Mar Apr May Jun Jul Aug Sep Oct

Period

Cost Performance Index (CPI) Schedule Performance Index (SPI)

Page 3 of 4
 Trend Analysis

Variance Analysis

Rp120,000,000

Rp100,000,000

Rp80,000,000
$ (000)

Rp60,000,000

Rp40,000,000

Rp20,000,000

Rp-
Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Period

Cost Variance (CV) Schedule Variance (SV) Variance at Completion (VAC)

Estimate at Completion

Rp97,501,000
Rp91,001,000
Rp84,501,000
Rp78,001,000
Rp71,501,000
Rp65,001,000
Rp58,501,000
$(000)

Rp52,001,000
Rp45,501,000
Rp39,001,000
Rp32,501,000
Rp26,001,000
Rp19,501,000
Rp13,001,000
Rp6,501,000
Rp1,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct

Period

Budget at Completion (BAC) Estimate at Completion (EAC)

Page 4 of 4