Earned Value ManagementEVM in 1+10 + 1 slidesTiago Franco (gama.franco@gmail.com)
AgendaOnce upon a time…The ProjectMental NoteHow Much Did I Spent?Am I On Time?Am I On Budget?The Full PictureThe Variances & Indicators (juicy)Quiz
Once upon a time…
The ProjectImage from: http://www.fiosinc.com/
Mental NotePV - Planned ValueHow much should I spend and execute?AC - Actual CostHow much did I spent?EV - Earned ValueHow 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 FullPictureImage from: http://www.wikipedia.org
The Variances & Indicators (Juicy)CV = Cost Variance = EV – ACIf CV < 0 then executing at an higher costIf CV > 0 then executing at an lower costSV = Schedule Variance = EV – PVIf SV < 0 then going slower than plannedIf SV > 0 then going faster than planned
The Variances & Indicators (Juicy)CPI – Cost Performance Index = EV/ACIf CPI < 1 then executing at an higher costIf CPI > 1 then executing at an lower costSPI - Schedule Performance Indicator = EV/PVIf SPI < 1 then going slower than plannedIf SPI > 1 then going faster than planned
QuizIs a CPI > 1 and/or an SPI > 1 a good thing?

Earned Value Management

  • 1.
    Earned Value ManagementEVMin 1+10 + 1 slidesTiago Franco (gama.franco@gmail.com)
  • 2.
    AgendaOnce upon atime…The ProjectMental NoteHow Much Did I Spent?Am I On Time?Am I On Budget?The Full PictureThe Variances & Indicators (juicy)Quiz
  • 3.
  • 4.
    The ProjectImage from:http://www.fiosinc.com/
  • 5.
    Mental NotePV -Planned ValueHow much should I spend and execute?AC - Actual CostHow much did I spent?EV - Earned ValueHow much did I execute?
  • 6.
    How Much DidI Spent?Image from: http://www.wikipedia.org
  • 7.
    Am I OnTime?Image from: http://www.wikipedia.org
  • 8.
    Am I OnBudget? Image from: http://www.wikipedia.org
  • 9.
    The FullPictureImage from:http://www.wikipedia.org
  • 10.
    The Variances &Indicators (Juicy)CV = Cost Variance = EV – ACIf CV < 0 then executing at an higher costIf CV > 0 then executing at an lower costSV = Schedule Variance = EV – PVIf SV < 0 then going slower than plannedIf SV > 0 then going faster than planned
  • 11.
    The Variances &Indicators (Juicy)CPI – Cost Performance Index = EV/ACIf CPI < 1 then executing at an higher costIf CPI > 1 then executing at an lower costSPI - Schedule Performance Indicator = EV/PVIf SPI < 1 then going slower than plannedIf SPI > 1 then going faster than planned
  • 12.
    QuizIs a CPI> 1 and/or an SPI > 1 a good thing?