Earned Value Analysis for Cost and Schedule Variances Calculation

EARNED VALUE
ANALYSIS
Name of the Student:
Student ID:
Name of the University:

CALCULATION OF COST AND
SCHEDULE VARIANCES
 Calculation of planned and earned values, actual cost, and cost &
schedule variances
 Schedule Performance Index and Cost Performance Index would also
be analyzed
 Outcomes,
 For 5.1 BAC = $810,000, PV = $445,000, EV = $421,200, AC =
$395,000, SV = EV – PV = -$23,800, CV = EV – AC = $26,200, SPI =
EV / PV = 0.95, CPI = EV / AC = 1.07
 For 5.2 Project
A
Project
B
Project C Project
D
Project
BAC $250,000 $190,000 $250,000 $500,000 $1,190,00
0
PV $117,500 $95,000 $300,000 $335,000 $876,000
EV $125,000 $123,500 $250,000 $275,000 $773,500
AC $165,000 $150,000 $200,000 $350,000 $865,000.0
0
SV $7,500 $28,500 -$50,000 -$60,000 -
$74,000.00
CV -$40,000 -$26,500 $50,000 -$75,000 -

SUMMARY AND REVIEW OF
CALCULATION OF 5.1
 Calculation of 5.1 was based on the expected and actual cost of
the project activities (A, B, C, and D)
 Expected budget for activity A was $150,000, activity B was
$100,000, activity C was $110,000, and activity D was $450,000
 Total BAC for the project was $810,000
 The SV, CV, SPI, and CPI has been calculated with the help of
calculating the PV, EV, and AC
 SV value has been negative for the project and CV value for the
project is positive
 The negative value has shown that project is behind schedule and
the positive value has shown that the project is cost effective