1. Work Packages / Deliverables Completed
Earned Value
Cost
£1,400,000
It is about half way through the project. Today we were supposed to have completed exactly half the deliverables. In fact, we have only completed 40%
We were supposed to have spent £525,000 by now, but we’ve spent £675,000
So, are we £150,000 over budget?
Forecast At
Completion
(FAC)
£1,200,000
Budget At
Completion
(BAC)
£1,000,000
£800,000
Actual Cost of Work Performed (ACWP)
£600,000
Cost
Variance
(CV)
Schedule
Variance
(SV)
Budgeted Cost of Work Scheduled (BCWS)
£400,000
Budgeted Cost of Work Performed (BCWP)
Actual
£200,000
Plan / Budget 0%
40%
50%
100%
Work Packages / Deliverables Completed