EVM Calculator - Earned Value Management

Your details

The total approved budget for the project from start to finish.
USD
The percentage of work that should have been completed by today according to the project schedule.
%
The percentage of the total scope that has actually been finished as of today.
%
The real costs incurred for the work performed so far (also called ACWP - Actual Cost of Work Performed).
USD
Governs how Estimate at Completion is projected. CPI-based assumes the current cost efficiency continues; Fixed assumes remaining work is done on budget; CPI x SPI factors in schedule pressure.
Earned Value (EV)Significantly Over Budget
40,000USD

Budgeted cost of the work actually completed so far

Planned Value (PV)50,000USD
Cost Variance (CV)-5,000USD
Schedule Variance (SV)-10,000USD
Cost Performance Index (CPI)0.889
Schedule Performance Index (SPI)0.8
Estimate at Completion (EAC)112,500USD
Estimate to Complete (ETC)67,500USD
Variance at Completion (VAC)-12,500USD
To-Complete Performance Index (TCPI)0.889
Cost Variance %-12.5%
Schedule Variance %-20%
Cost Variance (CV)-5,000
Schedule Variance (SV)-10,000
Variance at Completion (VAC)-12,500

CPI 0.889 / SPI 0.800 - the project is significantly over budget and significantly behind schedule.

  • Cost Performance Index of 0.889: the project is significantly over budget (every $1.00 spent is producing $0.89 of value).
  • Schedule Performance Index of 0.800: the project is significantly behind schedule.
  • Projected final cost (EAC) is $112500.00, which is $12500.00 over the original budget.
  • TCPI of 0.889: the cost efficiency needed to finish within budget is achievable.

Next stepProject performance is below threshold. Review scope, resource allocation, and schedule with the project sponsor and consider a formal re-baseline.

 = Powered by OnlyCalculators