EVM Calculator
Earned Value Management Calculator
Calculate project performance metrics using Earned Value Management (EVM) methodology.
Input Values
Budgeted cost of work scheduled
Budgeted cost of work performed
Actual cost of work performed
Total project budget
Key EVM Formulas:
CV = EV - AC
SV = EV - PV
CPI = EV / AC
SPI = EV / PV
What is EVM?
Earned Value Management (EVM) is a project management technique for measuring project performance and progress.
Key Metrics:
• PV: Planned Value
• EV: Earned Value
• AC: Actual Cost
• BAC: Budget at Completion
Features
- Cost Variance (CV)
- Schedule Variance (SV)
- Cost Performance Index (CPI)
- Schedule Performance Index (SPI)
- Estimate at Completion (EAC)
- Estimate to Complete (ETC)
- Variance at Completion (VAC)
- TCPI calculation
- Status indicators
Interpretation
CV & SV:
Positive = Good, Negative = Bad
CPI & SPI:
>1 = Good, <1 = Bad, =1 = On Target
EAC:
Expected total project cost
TCPI:
Required performance to meet BAC
Formulas
CV = EV - AC
SV = EV - PV
CPI = EV / AC
SPI = EV / PV
EAC = BAC / CPI
ETC = EAC - AC
VAC = BAC - EAC
TCPI = (BAC-EV)/(BAC-AC)
Use Cases
- Project performance tracking
- Budget management
- Schedule monitoring
- Cost forecasting
- Stakeholder reporting
- Risk assessment
- Project health analysis
- Decision making support
Applications
Real-World Applications:
Construction:
Track building project progress and costs
Software Development:
Monitor agile project performance
Manufacturing:
Production project tracking
Government:
Large-scale program management
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