EVM Calculator

Earned Value Management Calculator

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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