Earned Value Management (EVM) Calculator
FinanceTrack a projects cost and schedule performance using Earned Value Management, comparing planned progress, actual progress, and actual spend across up to three project tasks.
Earned Value (EV)
The budgeted value of the work actually completed
Planned Value (PV)
$1,475.00
The value of work that was scheduled to be done by now
Actual Cost (AC)
$1,700.00
What has actually been spent so far
Cost Performance Index (CPI)
0.750
Above 1 means under budget, below 1 means over budget
Schedule Performance Index (SPI)
0.864
Above 1 means ahead of schedule, below 1 means behind schedule
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Odeh Ahwal0people find this calculator helpful
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Creators
Odeh Ahwal0people find this calculator helpful
Views
Helpful
Saved
Embeds
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Frequently Asked Questions
What if my project has more than 3 tasks?
Group related work into 3 broader phases or work packages, then sum each groups budget and progress into the fields here.
Why can CPI and SPI both be useful even if my project looks fine overall?
A project can be on budget but behind schedule, or on schedule but over budget. Looking at CPI and SPI together catches problems a single overall status update would miss.
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