5 page paper

profileced1999
Course_project_Cedrick_Greer-EVA.pdf

EARNED VALUE OVER TIME The project’s earned value based on the status date. If actual cost (ACWP) is higher than earned value (BCWP), then the project is over budget. If planned value (BCWS) is higher than earned value, then the project is behind schedule.

VARIANCE OVER TIME Cost and schedule variances for the project based on status date. If CV is negative then, the project is over budget. If SV is positive then the project is behind schedule.

INDICES OVER TIME Cost and schedule performance indices for the project based on status date. The greater the performance index, the more on schedule and cost

EAC ACWP BCWP

$13,920.00 $5,760.00 $0.00

$0.00

$1,000.00

$2,000.00

$3,000.00

$4,000.00

$5,000.00

$6,000.00

$7,000.00

'21 '21 '21 '21 '21 '21 '21 '21 '21 '21

ACWP BCWP BCWS

-$7,000.00

-$6,000.00

-$5,000.00

-$4,000.00

-$3,000.00

-$2,000.00

-$1,000.00

$0.00

'21 '21 '21 '21 '21 '21 '21 '21 '21 '21

CV SV

0

'21 '21 '21 '21 '21 '21 '21 '21 '21 '21

EARNED VALUE Earned value management helps you quantify the performance of a project. It compares costs and schedules to a baseline to determine if the project is on track.

If the charts don't look right, make sure you have set a baseline, assigned costs to tasks or resources, and entered progress.

Learn more about earned value

Cost and schedule performance indices for the project based on status date. The greater the performance index, the more on schedule and cost saving the project.

-1.2E-06

-0.000001

-8E-07

-6E-07

-4E-07

-2E-07

'21 '21 '21 '21 '21 '21 '21 '21 '21 '21

SPI CPI

The project’s earned value based on the status date. If actual cost (ACWP) is higher than earned value (BCWP), then the project is over budget. If planned value (BCWS) is higher than earned value, then the project is behind

Cost and schedule variances for the project based on status date. If CV is negative then, the project is over budget. If SV is positive then the project is behind

Cost and schedule performance indices for the project based on status date. The greater the performance index, the more on schedule and cost

Learn more about earned value

Cost and schedule performance indices for the project based on status date. The greater the performance index, the more on schedule and cost