This document contains charts tracking the budgeted cost of work scheduled (BCWS), budgeted cost of work performed (BCWP), actual cost of work performed (ACWP), schedule variance (SV), schedule performance index (SPI), and cost variance (CV) for a project over time. The charts show the project becoming late according to the planned completion date, with negative SVs before that date indicating the project was behind schedule. The final SV at completion is 0, suggesting the project team was not providing actionable information to decision makers about the project falling behind schedule until after the fact.

2. Our Data and the EV Graph Planned Completion
Actual Completion
120
100
80
We’re Late and knew it
60
long before we got to
the planned completion
40
date
20 BCWS (Cum to Date)
BCWP(Cum to Date)
0
1 2 3 4 5 6 7 8 9 10 11 12
Planned Completion Date ► Late
Sum 1 2 3 4 5 6 7 8 9 10 11 12
BCWS (Period) 100 3 5 7 12 16 18 15 9 8 7 10 10
BCWS (Cum to Date) 3 8 15 27 43 61 76 85 93 100 100 100 Budget cap at 100
% Complete(Period) 80% 65% 75% 75% 80% 80% 80% 85% 80% 90% 90% 92% 95%
% Complete(Cum to Date) 7% 14% 22% 30% 38% 46% 54% 62% 71% 80% 89% 99%
BCWP (Period) 81.2 1.95 3.75 5.25 9.6 12.8 14.4 12.75 7.2 7.2 6.3 9.2 9.5
BCWP(Cum to Date) 1.95 5.7 10.95 20.55 33.35 47.75 60.5 67.7 74.9 81.2 90.4 99.9
ACWP (Period) 100 10 10 10 10 10 10 10 10 10 10 10 10
ACWP (Cum to Date) 10 20 30 40 50 60 70 80 90 100 110 120
SV (Period) -1.05 -1.25 -1.75 -2.40 -3.20 -3.60 -2.25 -1.80 -0.80 -0.70 -0.80 -0.50 -18.80 SV at Planned completion date
SV (Cum to Date) -1.05 -2.3 -4.05 -6.45 -9.65 -13.25 -15.5 -17.3 -18.1 -18.8 -9.6 0 0 SV at Completion
SPI (Period) 0.65 0.75 0.75 0.80 0.80 0.80 0.85 0.80 0.90 0.90 0.92 0.95
SPI (Cum) 0.65 0.71 0.73 0.76 0.78 0.78 0.80 0.80 0.81 0.81 0.90 1.00
CV (Period) -8.05 -6.25 -4.75 -0.4 2.8 4.4 2.75 -2.8 -2.8 -3.7 -0.8 -0.5

5. Saying, “a weakness of EV is SV =0.0” at the end of the
project doesn’t add much value
There is no value, because it means we aren’t paying
attention to our job, which is to provide actionable
information to the decision makers.
Where’s the actionable information if we blow past the
planned completion date, and then state SV=0 at the end?