How to use Earned Value Analysis to Monitor Project Progress & Budget

In this video, we’ll explore how to use Earned Value Analysis (EVA) to monitor project progress and performance effectively.
Learn about key metrics like Planned Value (PV), Actual Cost (AC), Earned Value (EV), Schedule Performance Index (SPI), and Cost Performance Index (CPI). Discover how these tools can help you monitor project performance in real time, track progress, avoid costly mistakes, and ensure your project stays on time and within budget.
Whether you’re a project manager or just looking to improve your skills, mastering these techniques is essential to monitor project performance and achieve project success.

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What we cover:
00:00 - Introduction
00:21 - Planned Value (PV)
02:26 - S-Curve
03:12 - Actual Cost (AC)
05:13 - Earned Value (EV)
07:33 - About Cost Engineering Professional
07:46 - PV vs. AC vs. EV
07:58 - Schedule Performance Index (SPI)
10:43 - How can we improve the content
11:00 - Cost Performance Index (CPI)
14:51 - Why CPI is important
15:15 - Cost at Completion (CAC)
15:32 - Cost at Completion (Assumption 1)
16:25 - Cost at Completion (Assumption 2)
17:31 - Cost to Complete (CTC)
20:50 - Cost at Completion Example
22:46 - How to improve the content
22:56 - What's next