5 page paper
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