Lambton College in Toronto 564087499.

xlsx

PROJECT THREE-STOREY OFFICE BUILDING

CONSTRUCTION START DATE May-19
PLANNED COMPLETION DATE Apr-20
CAD$ (thousands)

Cost Variance CV = EV - AC Schedule Variance SV(t) = ES - AT

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
4
1
0.00 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
$348

-0.42
-0.70
-0.57
CPI

Months
-0.78
4
$50 $63 -1.00 -1.00 -1.00 -1.00
$40 $25 $25 -1.07
$10 $10 $20 $20 $0 -1.18

-$82 -1.69 NSPI

Construction Taks (Total Summary) Planned Earned Cost ∆Schd ∆Cost
Cummulative CV = ΣCV
General Conditions $ 130,000 $ 130,000 $ 100,000 $ - $ 30,000
CAD$ (thousands)

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Long Lead Procurement $ 250,000 $ 250,000 $ 250,000 $ - $ -

Mobilize on Site $ 80,000 $ 80,000 $ 50,000 $ - $ 30,000
$530 Site Grading and Utilities $ 650,000 $ 650,000 $ 650,000 $ - $ -
Foundations $ 590,000 $ 590,000 $ 550,000 $ - $ 40,000
Steel Erection $ 1,800,000 $ 1,800,000 $ 1,750,000 $ - $ 50,000
Form and Pour Concrete - Floors and Roof $ 1,250,000 $ 1,250,000 $ 1,250,000 $ - $ -
Carpentry Work $ 350,000 $ 350,000 $ 450,000 $ - $ (100,000)
Masonry Work $ 1,250,000 $ 1,250,000 $ 1,050,000 $ - $ 200,000
Roofing $ 800,000 $ 800,000 $ 650,000 $ - $ 150,000
$263
Window wall and store front closures $ 1,350,000 $ 1,080,000 $ 1,000,000 $ (270,000) $ 80,000
$200 Building Finishes $ 900,000 $ - $ - $ (900,000) $ -
$150 $150 Elevators $ 550,000 $ 550,000 $ 650,000 $ - $ (100,000)
$125 $182
$100 Plumbing $ 750,000 $ - $ - $ (750,000) $ -
$80 Electrical $ 600,000 $ 360,000 $ 250,000 $ (240,000) $ 110,000
$50 $60
$40 HVAC $ 900,000 $ 540,000 $ 500,000 $ (360,000) $ 40,000
Final Clean-up and Occupancy $ 130,000 $ - $ - $ (130,000) $ -
Complete Final Inspections/Punch list/Handover $ 110,000 $ - $ - $ (110,000) $ -

S-Curve
$13,000,000 $12,440,000
$12,000,000
85%
85%
$11,000,000 $10,595,000 $11,758,884
$10,000,000 $9,680,000
$9,000,000 $9,150,000
$8,000,000
$7,000,000
$6,000,000
$5,000,000
$4,000,000
$3,000,000
$2,000,000
$1,000,000 78%
78%
$0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

Planned Value (PV) Earned Value (EV) Actual Cost (AC) Actual Time Forescast

Dashboard 1/6
 MONTHLY PROGRESS REPORT USING EARNED VALUE MANAGEMENT

SUBJECT PROJECT THREE-STOREY OFFICE BUILDING

CONSTRUCTION START DATE 1-May-19
PLANNED COMPLETION DATE 30-Apr-20

PLANNED SCHEDULE

CONSTRUCTION TASKS PLANNED DURATION SCHEDULE OF VALUE May-19 Jun-19 Jul-19 Aug-19 Sep-19
1 2 3 4 5
General Conditions 3.00 $130,000 $43,333.33 $43,333.33 $43,333.33
Long Lead Procurement 3.00 $250,000 $83,333.33 $83,333.33 $83,333.33
Mobilize on Site 1.00 $80,000 $80,000.00
Site Grading and Utilities 1.00 $650,000 $650,000.00
Foundations 2.00 $590,000 $295,000.00 $295,000.00
Steel Erection 2.00 $1,800,000 $900,000.00
Form and Pour Concrete - Floors and Roof 3.00 $1,250,000
Carpentry Work 1.00 $350,000
Masonry Work 3.00 $1,250,000
Roofing 1.00 $800,000
Window wall and store front closures 3.00 $1,350,000
Building Finishes 2.00 $900,000
Elevators 1.00 $550,000
Plumbing 2.00 $750,000
Electrical 4.00 $600,000
HVAC 5.00 $900,000
Final Clean-up and Occupancy 2.00 $130,000
Complete Final Inspections/Punch list/Handover 1.00 $110,000
$12,440,000 $123,333 $776,667 $421,667 $378,333 $900,000

ACTUAL SCHEDULE
CONSTRUCTION TASKS ACTUAL DURATION Actual % Complete
1 2 3 4 5
General Conditions 3.00 100% $43,333.33 $43,333.33 $43,333.33
Long Lead Procurement 3.00 100% $83,333.33 $83,333.33 $83,333.33
Mobilize on Site 1.00 100% $80,000.00
Site Grading and Utilities* 2.00 100% $325,000.00 $325,000.00
Foundations 2.00 100% $295,000.00 $295,000.00
Steel Erection 2.00 100%
Form and Pour Concrete - Floors and Roof 3.00 100%
Carpentry Work 1.00 100%
Masonry Work** 4.00 100%
Roofing 1.00 100%
Window wall and store front closures 1.00 80%
Building Finishes 0.00 0%
Elevators 1.00 100%
Plumbing 0.00 0%
Electrical 2.00 60%
HVAC 3.00 60%
Final Clean-up and Occupancy 0.00 0%
Complete Final Inspections/Punch list/Handover 0.00 0%
$9,680,000 $123,333 $451,667 $451,667 $378,333 $295,000
*DELAY CAUSED BY ADVERSE WEATHER.
**DELAY CAUSED BY A LABOUR STRIKE.

ACTUAL COST
CONSTRUCTION TASKS ACTUAL DURATION ACTUAL COST
1 2 3 4 5
General Conditions 3.00 $100,000 $33,333.33 $33,333.33 $33,333.33
Long Lead Procurement 3.00 $250,000 $83,333.33 $83,333.33 $83,333.33
Mobilize on Site 1.00 $50,000 $50,000.00
Site Grading and Utilities* 2.00 $650,000 $325,000.00 $325,000.00
Foundations 2.00 $550,000 $275,000.00 $275,000.00
Steel Erection 2.00 $1,750,000
Form and Pour Concrete - Floors and Roof 3.00 $1,250,000
Carpentry Work 1.00 $450,000
Masonry Work** 4.00 $1,050,000
Roofing 1.00 $650,000
Window wall and store front closures 1.00 $1,000,000
Building Finishes 0.00 $0
Elevators 1.00 $650,000
Plumbing 0.00 $0
Electrical 2.00 $250,000
HVAC 3.00 $500,000
Final Clean-up and Occupancy 0.00 $0
Complete Final Inspections/Punch list/Handover 0.00 $0
$9,150,000 $83,333 $441,667 $441,667 $358,333 $275,000

EVM Analysis
MONTH 1 2 3 4 5
Planned Value (PV) $123,333 $900,000 $1,321,667 $1,700,000 $2,600,000
Earned Value (EV) $123,333 $575,000 $1,026,667 $1,405,000 $1,700,000
Actual Cost (AC) $83,333 $525,000 $966,667 $1,325,000 $1,600,000

Variance Analysis
Cost Variance (CV) = EV – AC $40,000.00 $50,000.00 $60,000.00 $80,000.00 $100,000.00
Schedule Variance (SV) = EV – PV $0.00 ($325,000.00) ($295,000.00) ($295,000.00) ($900,000.00)

Cost Performance Index (CPI) = EV / AC 1.4800 1.0952 1.0621 1.0604 1.0625

Project Status (over (< 1) or under (> 1) budget) UNDER UNDER UNDER UNDER UNDER

Schedule Performance Index (SPI) = EV / PV 1.0000 0.6389 0.7768 0.8265 0.6538

Project Status (ahead (> 1) or behind (< 1) schedule) ON BEHIND BEHIND BEHIND BEHIND

Forecasting Method 1 Method 2 Method 3

Estimate At Completion (EAC) $11,910,000 $11,758,884 $12,005,489
Variance At Completion (VAC) $530,000 $681,116 $434,511
Estimate To Completion (ETC) $2,760,000 $2,608,884 $2,855,489
To-Complete Performance Index (TCPI) 0.8389 - -
New Construction Duration (Projected), Dn 16.57 16.80 16.54
Estimated Time for Completion, Tc 4.6 4.80 4.54

12/14/2021 2
 MONTHS
Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20
6 7 8 9 10 11 12 13 14 15 16

$900,000.00
$416,666.67 $416,666.67 $416,666.67
$350,000.00
$416,666.67 $416,666.67 $416,666.67
$800,000.00
$450,000.00 $450,000.00 $450,000.00
$450,000.00 $450,000.00
$550,000.00
$375,000.00 $375,000.00
$150,000.00 $150,000.00 $150,000.00 $150,000.00
$180,000.00 $180,000.00 $180,000.00 $180,000.00 $180,000.00
$65,000.00 $65,000.00
$110,000.00
$900,000 $416,667 $833,333 $1,563,333 $1,096,667 $1,580,000 $1,605,000 $1,605,000 $65,000 $65,000 $110,000

MONTHS
6 7 8 9 10 11 12 13 14 15 16

$900,000.00 $900,000.00
$416,666.67 $416,666.67 $416,666.67
$350,000.00
$312,500.00 $312,500.00 $312,500.00 $312,500.00
$800,000.00
$1,080,000.00

$550,000.00

$180,000.00 $180,000.00
$180,000.00 $180,000.00 $180,000.00

$900,000 $900,000 $416,667 $729,167 $909,167 $1,572,500 $2,552,500 $0 $0 $0 $0

MONTHS
6 7 8 9 10 11 12 13 14 15 16

$875,000.00 $875,000.00
$416,666.67 $416,666.67 $416,666.67
$450,000.00
$262,500.00 $262,500.00 $262,500.00 $262,500.00
$650,000.00
$1,000,000.00

$650,000.00

$125,000.00 $125,000.00
$166,666.67 $166,666.67 $166,666.67

$875,000 $875,000 $416,667 $679,167 $845,833 $1,654,167 $2,204,167 $0 $0 $0 $0

CUMULATIVE VALUE
6 7 8 9 10 11 12 13 14 15 16
$3,500,000 $3,916,667 $4,750,000 $6,313,333 $7,410,000 $8,990,000 $10,595,000 $12,200,000 $12,265,000 $12,330,000 $12,440,000
$2,600,000 $3,500,000 $3,916,667 $4,645,833 $5,555,000 $7,127,500 $9,680,000
$2,475,000 $3,350,000 $3,766,667 $4,445,833 $5,291,667 $6,945,833 $9,150,000

$125,000.00 $150,000.00 $150,000.00 $200,000.00 $263,333.33 $181,666.67 $530,000.00

($900,000.00) ($416,666.67) ($833,333.33) ($1,667,500.00) ($1,855,000.00) ($1,862,500.00) ($915,000.00)

1.0505 1.0448 1.0398 1.0450 1.0498 1.0262 1.0579

UNDER UNDER UNDER UNDER UNDER UNDER UNDER

0.7429 0.8936 0.8246 0.7359 0.7497 0.7928 0.9136

BEHIND BEHIND BEHIND BEHIND BEHIND BEHIND BEHIND

12/14/2021 3
 S-Curve
$13,000,000

$12,000,000

$11,000,000
$10,595,000
$10,000,000
$9
$9,000,000 $9

$8,000,000

$7,000,000

$6,000,000

$5,000,000

$4,000,000

$3,000,000

$2,000,000

$1,000,000

$0
May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20

Planned Value (PV) Earned Value (EV) Actual Cost (AC)

 $12,440,000 1

0.9

$10,595,000 0.8

$9,680,000
$9,150,000 0.7

0.6

0.5

0.4

0.3

0.2

0.1

0
eb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20

Actual Cost (AC) Actual Time

Project Earned Value Analysis
Project Earned Value Analysis measures the health of a project by looking at cost information and schedule information concurrently. It tells you whether the project is on schedule
and on budget, as well as whether the project is on budget for the amount

Metric Abbrev. Description Formula/Value

Actual Cost
Earned Value
Planned Value
Cost Variance
Cost Performance Index
Schedule Variance
Schedule Performance Index
To Complete Performance Index
Estimation Time at Completion
Estimation Time at Completion
Estimation Time at Completion
Cost Performance Index
CPI = EV / AC
Over (< 1) or under (> 1) budget.
Schedule Performance Index
SPI = EV / PV
Ahead (> 1) or behind (< 1) schedule.
AC Total costs actually incurred so far. Known
Amount of budget earned so far based on physical work
EV Known
accomplished, without reference to actual costs.
The budget for the physical work scheduled to be
PV Known
completed by the end of the time period.
Measure of cost overrun. The difference between the
CV budget for the work actually done so far and the actual
EV–AC
costs so far.
Cost efficiency ratio. A CPI of 1.00 means that the costs
CPI so far are exactly the same as the budget for work
EV/AC
actually done so far.
Measure of schedule slippage. The difference between
SV the budget for the work actually done so far and the EV–PV
budgeted cost of work scheduled.
The schedule efficiency ratio. An SPI of 1.0 means that
SPI EV/PV
the project is exactly on schedule.
The measurement of the cost performance to archieve
( BAC - AC ) / ( BAC - AC )
TCPI with the remain resources. AEC is consider when BAC
( BAC - AC ) / ( EAC - AC )
is no longer available.
ETCA The latest date to archiebe the end of the project AS + ( OD - ES )
ETCA The latest date to archiebe the end of the project OD / New SPI
ETCA The latest date to archiebe the end of the project AS + ( OD - ES ) / ( CPI x New SPI)