5. 5. EVM Formulas EVM Formulas 6. 6. Applying EVM on projects Applying EVM on projects 7. 7. Example Example Earned Value Management Earned Value Management Method for integrating scope, schedule, and Method for integrating scope, schedule, and ...
The CPI ratio measures the efficient deployment of the resources used on the project. The ratio is calculated as the relationship between the budgeted cost of the work completed (BC) and the actual cost of the same work (AC). In mathematical terms, CPI = BC / AC. If the CPI ratio is ...
ExplanationofEarnedValueManagement(EVM)Thetraditional“TwoDimensionalSystem”ofEvaluationEVM“ThreeDimensionalSystem”ofEvaluationCriticalVariablesinEVMEVMFormulasApplyingEVMonprojectsExample EarnedValueManagement Method forintegratingscope,schedule,andresources,formeasuringprojectperformance.Compareswhatwasplannedwith...
Enter input values and press Calculate.Change Equation or Formulas:Tap or click to solve for a different unknown or equationcost performance indexcost performance index (CPI) budgeted cost of work performed (BCWP) actual cost of work performed (ACWP)schedule...
,Agenda,ExplanationofEarnedValueManagement(EVM)Thetraditional“TwoDimensionalSystem”ofEvaluationEVM“ThreeDimensionalSystem”ofEvaluationCriticalVariablesinEVMEVMFormulasApplyingEVMonprojectsExample,EarnedValueManagement,Methodforintegratingscope,schedule,andresources,formeasuringprojectperformance.Compareswhatwasplannedwith...