predict your total costs when the project is complete

Estimate At Completion (EAC) = BAC/CPI

how much more money you'll probably

spend on your project
Estimate To Complete (ETC) = EAC -AC Budget At Completion (BAC) Total Budget: first number you think of

what your variance will be when the

project is done
Variance at Completion (VAC) = BAC - EAC Forecast
percent of the total budget supposed to
how well your project will need to perform have done so far
to stay on budget Planned Value (PV)
PV = BAC * %Planned Complete
How much budgeted work is left divided
by how much estimated money is left.
To-Complete Performance Index
If you’
re running over your budget, you’
ll (TCPI) = (BAC-EV)/( EAC -AC) how much of your project’ s value has
have to estimate a new EAC and base been delivered. comparing the value of
your TCPI on that what your schedule says you should have
Earned Value Earned Value (EV) delivered against the value of what you
actually delivered
Actual Cost (AC). That’s the amount of Analysis
money that you've spent so far on the EV = BAC * % Actual Complete
project
Are you over budget or under budget?
Is your Project Ahead or behind schedule?
If you want to know whether you’
re over
If SPI is greater than
or under budget, use CPI.
Cost Performance Index (CPI) = EV/AC one, that means EV is
bigger than PV, so you’re
If CV is negative, then he’
s not getting ahead of schedule!
Budget Schedule Schedule Performance Index (SPI) = EV/PV
good value for his money.
Cost Variance (CV) = EV-AC
so if the variance is positive, it tells you
how well your project will need to perform exactly how many dollars you’ re ahead. If
to stay on budget it’
s negative, it tells you how
many dollars you’ re behind.
How much budgeted work is left divided Schedule Variance SV = EV-PV
by how much budgeted money is left. To-Complete Performance Index
If you’re performing within your budgeted (TCPI) = (BAC-EV)/(BAC-AC)
Reference: Head First PMP
cost,it’ll be based on your BAC
ITConsigliere.com
Mohamad Charaf

Earned Value Analysis.mmap - 4/22/2011 -