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    CIS 4603 EVAFormulas

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    sana iqbal
    This document defines common formulas used in Earned Value Analysis (EVA) to measure project performance, including formulas to calculate earned value, cost and schedule variances, performance indexes, estimates of cost and time to complete, and variance at completion by comparing planned, actual, and earned values against the budget at completion over the project duration and work completed.

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    CIS 4603 EVAFormulas

    Uploaded by

    sana iqbal
    24 views1 page
    This document defines common formulas used in Earned Value Analysis (EVA) to measure project performance, including formulas to calculate earned value, cost and schedule variances, performance indexes, estimates of cost and time to complete, and variance at completion by comparing planned, actual, and earned values against the budget at completion over the project duration and work completed.

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    This document defines common formulas used in Earned Value Analysis (EVA) to measure project performance, including formulas to calculate earned value, cost and schedule variances, performance indexes, estimates of cost and time to complete, and variance at completion by comparing planned, actual, and earned values against the budget at completion over the project duration and work completed.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    24 views1 page

    CIS 4603 EVAFormulas

    Uploaded by

    sana iqbal
    This document defines common formulas used in Earned Value Analysis (EVA) to measure project performance, including formulas to calculate earned value, cost and schedule variances, performance indexes, estimates of cost and time to complete, and variance at completion by comparing planned, actual, and earned values against the budget at completion over the project duration and work completed.

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    EVA Formulas

    BAC: Budget at Completion

    AC: Actual Cost

    PV: Planned Value = (Time Spent/Total Time)*BAC

    EV: Earned Value = (Work Completed/Total Work)*BAC

    CV: Cost Variance = EV – AC

    CPI: Cost Performance Index = EV / AC

    SV: Schedule Variance = EV – PV

    SPI: Schedule Performance Index = EV / PV

    EAC: Estimate at Completion = BAC / CPI

    ETC: Estimate to complete = EAC - AC

    VAC: Variance at Completion = BAC - EAC

    TCPI: To Complete Performance Index = ( BAC – EV ) / ( BAC – AC )

    Estimate Time to Complete = Original time / SPI

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