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Earned Value
Project earned value indicators.
Project Control SuiteStep 4 of 6
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Earned value turns four reported figures into an objective read on cost and schedule performance and a forecast at completion. Enter BAC, planned value, earned value and actual cost as of the data date, and the tool applies the standard EVM formulas exactly.
Method and assumptions
Earned Value Management (EVM) — PMI standard formulas
- CV = EV − AC
- SV = EV − PV
- CPI = EV / AC
- SPI = EV / PV
- EAC = BAC / CPI
- ETC = EAC − AC
- VAC = BAC − EAC
- TCPI = (BAC − EV) / (BAC − AC)
- All percentages and inputs are user-defined; the calculation is purely arithmetic and assumes no particular code or specification.
Frequently asked questions
- Which EAC formula is used?
- EAC = BAC ÷ CPI, the cumulative-CPI forecast. Other EAC variants are not applied.
- Where do PV, EV and AC come from?
- From your own cost and progress reporting at the data date. The tool does not measure progress; it only computes the indices.
- Is SPI a reliable schedule measure late in a project?
- SPI trends toward 1.0 as work completes regardless of delay, so read it with the critical path, not instead of it.
Related calculators
- Cost-to-CompleteProject Control
- Progress AnalysisProject Control
- Project Cash FlowProject Control
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