ACWP = Actual Cost of Work Performed EV = Earned Value

BCWS = Budgeted Cost of Work Scheduled PV = Planned Value

BCWP = Budgeted Cost of Work Performed BCTW = Budgeted Cost of Total Work
ACC = Additional Cost of Completion
Formulas - EVA
•  Cost Variance = BCWP – ACWP
• Scheduled Variance = BCWP – BCWS
• Cost Performance Index (CPI) =
• Schedule Performance Index (SPI) =
• Estimated Project Completion Cost =
• Estimated Project Duration =
• While solving problems –
• BCWS = % of scheduled completion x Budgeted cost for that activity
• BCWP = % of actual completion x Budgeted cost for that activity