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Example 2 Earned Value Management Made Easy

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Mar 22, 2020
9:21

Example 1 - EVM made easy: https://youtu.be/RfZR52s2Mt0 Example 3 - EVM at Task Level to Project Level: https://youtu.be/RYv9NM6Q0kU Learn how to interpret Earned Value Graphs: https://youtu.be/N7h6ICKB6cs Microsoft Project - Earned Value Analysis: https://youtu.be/yWFymMsivqs To-Complete Performance Index (TCPI): https://youtu.be/izKigm9BA2k https://www.youtube.com/channel/UCBR3QMil3U_bt6gkqq6lNtg/ (Visit my Channel for Project Management topics and videos) An earned value management analysis example is discussed in this video explaining the following: planned value(PV), actual cost (AC), earned value (EV), and budget at completion (BAC). In this example the project is ahead of schedule and under planned cost. The following are also explained and calculated: schedule variance (SV), schedule performance index (SPI), schedule variance percentage (SV%), cost variance (CV), cost performance index(CPI), cost variance percentage (CV%), estimate at completion (EAC), estimate to complete (ETC), variance at completion (VAC), and the to complete performance index (TCPI). The formulas for earned value management can also be obtained from the Project Management Body of Knowledge (PMBOK). Planned Value (PV) = Budgeted Cost of Work Scheduled (BCWS) Earned Value (EV) = Budgeted Cost of Work Performed (BCWP) Actual Cost (AC) = Actual Cost of Work Performed (ACWP)

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Example 2 Earned Value Management Made Easy | NatokHD