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Project Management Earned Value Management Demonstration

Published byTyler Austin Modified over 7 years ago

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Presentation on theme: "Project Management Earned Value Management Demonstration"— Presentation transcript:

1 Project Management Earned Value Management Demonstration

2 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Task A Task B Task C Per day Running

3 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Task A Task B Task C Per day Running BAC

4 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running BAC

5 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running BAC Planned Value (PV) = 675

6 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running BAC Planned Value (PV) = 675 Earned Value (EV) = (100% of 300) + (25% of 800) + (0% of 575) = 500

7 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running BAC Planned Value (PV) = 675 Earned Value (EV) = 500 Actual Cost (AC) = = 575

8 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running BAC Planned Value (PV) = CPI = EV/AC = 500/575 = .87 Earned Value (EV) = 500 Actual Cost (AC) = 575

9 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running BAC Planned Value (PV) = CPI = .87 Earned Value (EV) = SPI = EV/PV = 500/675 = .74 Actual Cost (AC) = 575

10 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running BAC Planned Value (PV) = CPI = .87 Earned Value (EV) = SPI = .74 Actual Cost (AC) = 575

11 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running BAC EAC = BAC/CPI = 1675/.87 = 1925 Planned Value (PV) = CPI = .87 Earned Value (EV) = SPI = .74 Actual Cost (AC) = 575

12 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running BAC EAC = 1925 ETC = EAC – AC = 1925 – 575 = 1350 Planned Value (PV) = CPI = .87 Earned Value (EV) = SPI = .74 Actual Cost (AC) = 575

13 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running BAC EAC = 1925 ETC = 1350 (BAC – EV) TCPI = = ---- = 1.07 (BAC – AC) Planned Value (PV) = CPI = .87 Earned Value (EV) = SPI = .74 Actual Cost (AC) = 575

14 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running BAC EAC = 1925 ETC = 1350 TCPI (BAC) = 1.07 (BAC – EV) TCPI = = ---- = .87 (EAC – AC) Planned Value (PV) = CPI = .87 Earned Value (EV) = SPI = .74 Actual Cost (AC) = 575

15 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running BAC EAC = 1925 ETC = 1350 TCPI (BAC) = 1.07 (BAC – EV) TCPI = = ---- = .87 (EAC – AC) Planned Value (PV) = CPI = .87 Earned Value (EV) = SPI = .74 Actual Cost (AC) = 575

16 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running BAC EAC = 1925 ETC = 1350 TCPI (BAC) = 1.07 TCPI (EAC) = .87 Planned Value (PV) = CPI = .87 Earned Value (EV) = SPI = .74 Actual Cost (AC) = 575

17 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running VAC = BAC – EAC 1675 – 1925 -250 BAC EAC = 1925 ETC = 1350 TCPI (BAC) = 1.07 TCPI (EAC) = .87 Planned Value (PV) = CPI = .87 Earned Value (EV) = SPI = .74 Actual Cost (AC) = 575

18 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running VAC = BAC – EAC 1675 – 1925 BAC EAC = ETC = 1350 TCPI (BAC) = 1.07 TCPI (EAC) = .87 Planned Value (PV) = CPI = .87 Earned Value (EV) = SPI = .74 Actual Cost (AC) = 575

19 Earned Value Management (EVM) demo
Mon Tue Wed Thu Fri Total Status Cost Task A % 325 Task B % 250 Task C % 0 Per day Running VAC = BAC – EAC 1675 – 1925 BAC EAC = ETC = 1350 TCPI (BAC) = 1.07 (BAC – EV) TCPI = = ---- = .94 (EAC – AC) Planned Value (PV) = CPI = .87 Earned Value (EV) = SPI = .74 Actual Cost (AC) = 575

20 Earned Value Management (EVM)
Know all formulas PMBOK® pg. 224 For any EAC calculation, use BAC/CPI EV is emphasized; EV -, or EV numerator Cost formulas use AC Variances > 0 implies behind schedule/over budget <0 implies ahead of schedule/under budget =0 implies on schedule/on budget Indicies <1.0 implies behind schedule/over budget >1.0 implies ahead of schedule/under budget =1.0 implies on schedule/on budget

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