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Earned Value Management EVM in 1+10 + 1 slides Tiago Franco (gama.franco@gmail.com)
Agenda Once upon a time… The Project Mental Note How Much Did I Spent? Am I On Time? Am I On Budget? The Full Picture The Variances & Indicators (juicy) Quiz
Once upon a time…
The Project Image from: http://www.fiosinc.com/
Mental Note PV - Planned Value How much should I spend and execute? AC - Actual Cost How much did I spent? EV - Earned Value How much did I execute?
How Much Did I Spent? Image from: http://www.wikipedia.org
Am I On Time? Image from: http://www.wikipedia.org
Am I On Budget?  Image from: http://www.wikipedia.org
The FullPicture Image from: http://www.wikipedia.org
The Variances & Indicators (Juicy) CV = Cost Variance = EV – AC If CV < 0 then executing at an higher cost If CV > 0 then executing at an lower cost SV = Schedule Variance = EV – PV If SV < 0 then going slower than planned If SV > 0 then going faster than planned
The Variances & Indicators (Juicy) CPI – Cost Performance Index = EV/AC If CPI < 1 then executing at an higher cost If CPI > 1 then executing at an lower cost SPI - Schedule Performance Indicator = EV/PV If SPI < 1 then going slower than planned If SPI > 1 then going faster than planned
Quiz Is a CPI > 1 and/or an SPI > 1 a good thing?

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Earned Value Management

  • 1. Earned Value Management EVM in 1+10 + 1 slides Tiago Franco (gama.franco@gmail.com)
  • 2. Agenda Once upon a time… The Project Mental Note How Much Did I Spent? Am I On Time? Am I On Budget? The Full Picture The Variances & Indicators (juicy) Quiz
  • 3. Once upon a time…
  • 4. The Project Image from: http://www.fiosinc.com/
  • 5. Mental Note PV - Planned Value How much should I spend and execute? AC - Actual Cost How much did I spent? EV - Earned Value How much did I execute?
  • 6. How Much Did I Spent? Image from: http://www.wikipedia.org
  • 7. Am I On Time? Image from: http://www.wikipedia.org
  • 8. Am I On Budget? Image from: http://www.wikipedia.org
  • 9. The FullPicture Image from: http://www.wikipedia.org
  • 10. The Variances & Indicators (Juicy) CV = Cost Variance = EV – AC If CV < 0 then executing at an higher cost If CV > 0 then executing at an lower cost SV = Schedule Variance = EV – PV If SV < 0 then going slower than planned If SV > 0 then going faster than planned
  • 11. The Variances & Indicators (Juicy) CPI – Cost Performance Index = EV/AC If CPI < 1 then executing at an higher cost If CPI > 1 then executing at an lower cost SPI - Schedule Performance Indicator = EV/PV If SPI < 1 then going slower than planned If SPI > 1 then going faster than planned
  • 12. Quiz Is a CPI > 1 and/or an SPI > 1 a good thing?