Example 2 Earned Value Management Made Easy

Example 1 - EVM made easy:    • Example 1 Earned Value Management Made Easy  
Example 3 - EVM at Task Level to Project Level:    • Example 3 - EVM at Task Level to Project L...  
Learn how to interpret Earned Value Graphs:    • Learn to interpret Earned Value Management...  
Microsoft Project - Earned Value Analysis:    • MS Project - Earned Value Analysis - Examp...  
To-Complete Performance Index (TCPI):    • To-Complete Performance Index (TCPI) in Ea...  
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An earned value management analysis example is discussed in this video explaining the following: planned value(PV), actual cost (AC), earned value (EV), and budget at completion (BAC). In this example the project is ahead of schedule and under planned cost. The following are also explained and calculated: schedule variance (SV), schedule performance index (SPI), schedule variance percentage (SV%), cost variance (CV), cost performance index(CPI), cost variance percentage (CV%), estimate at completion (EAC), estimate to complete (ETC), variance at completion (VAC), and the to complete performance index (TCPI). The formulas for earned value management can also be obtained from the Project Management Body of Knowledge (PMBOK).

Planned Value (PV) = Budgeted Cost of Work Scheduled (BCWS)
Earned Value (EV) = Budgeted Cost of Work Performed (BCWP)
Actual Cost (AC) = Actual Cost of Work Performed (ACWP)