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EARNED VALUE ANALYSIS * end of 6th week WEEK Planned Value* RP Earned Value ACTIVITY 1 2 3 4 5 6 7 8 9 10
EARNED VALUE ANALYSIS * end of 6th week WEEK Planned Value* RP Earned Value ACTIVITY 1 2 3 4 5 6 7 8 9 10 11 12 Initial meeting with project sponsors $15,000 $15,000 100% Draft project requirements $23,000 $9,000 $32,000 100% Review with stakeholders $4,000 $8,000 $12,000 100% Develop and approve project charter $9,000 $9,000 100% Develop WBS $12,000 $12,000 100% Estimate durations $13,000 $13,000 100% Assign resources $8,000 $8,000 $4,000 $16,000 75% Determine task relationships $8,000 $8,000 50% Enter cost information $16,000 $16,000 25% Review plan with stakeholders $8,000 $0 0 Review off-the-shelf training materials $23,000 $0 0 Negotiate contract for materials $24,000 $16,000 $0 0 Develop communications for new training $18,000 $0 0 Create survey to determine needs $24,000 $0 0 Administer survey $12,000 $0 0 Develop list of training instructors $6,000 $12,000 $0 0 Setup classrooms $30,000 $30,000 $0 0 Schedule courses $4,000 $2,000 $8,000 $0 0 Develop system for signing up for classes $16,000 $0 0 Develop course evaluation form $20,000 $0 0 BAC (total budget for the project) Weekly Planned Value (PV) Cumulative Planned Value (PV) Weekly Actual Cost (AC) $17,000 $25,000 $13,000 $30,000 $46,000 $9,000 Cumulative Actual Cost (AC) Weekly Earned Value (EV) Cumulative Earned Value (EV) Project EV as of Week 6 Project PV as of Week 6 Project AC as of Week 6 CV = EV - AC SV = EV - PV CPI = EV/AC SPI = EV/PV Estimate At Completion (EAC)=BAC/CPI Estimated Time to Complete=OTE/SPI weeks
EARNED VALUE ANALYSIS | |||||||||||||||
* end of 6th week | |||||||||||||||
WEEK | Planned Value* | RP | Earned Value | ||||||||||||
ACTIVITY | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |||
Initial meeting with project sponsors | $15,000 | $15,000 | 100% | ||||||||||||
Draft project requirements | $23,000 | $9,000 | $32,000 | 100% | |||||||||||
Review with stakeholders | $4,000 | $8,000 | $12,000 | 100% | |||||||||||
Develop and approve project charter | $9,000 | $9,000 | 100% | ||||||||||||
Develop WBS | $12,000 | $12,000 | 100% | ||||||||||||
Estimate durations | $13,000 | $13,000 | 100% | ||||||||||||
Assign resources | $8,000 | $8,000 | $4,000 | $16,000 | 75% | ||||||||||
Determine task relationships | $8,000 | $8,000 | 50% | ||||||||||||
Enter cost information | $16,000 | $16,000 | 25% | ||||||||||||
Review plan with stakeholders | $8,000 | $0 | 0 | ||||||||||||
Review off-the-shelf training materials | $23,000 | $0 | 0 | ||||||||||||
Negotiate contract for materials | $24,000 | $16,000 | $0 | 0 | |||||||||||
Develop communications for new training | $18,000 | $0 | 0 | ||||||||||||
Create survey to determine needs | $24,000 | $0 | 0 | ||||||||||||
Administer survey | $12,000 | $0 | 0 | ||||||||||||
Develop list of training instructors | $6,000 | $12,000 | $0 | 0 | |||||||||||
Setup classrooms | $30,000 | $30,000 | $0 | 0 | |||||||||||
Schedule courses | $4,000 | $2,000 | $8,000 | $0 | 0 | ||||||||||
Develop system for signing up for classes | $16,000 | $0 | 0 | ||||||||||||
Develop course evaluation form | $20,000 | $0 | 0 | ||||||||||||
BAC (total budget for the project) | |||||||||||||||
Weekly Planned Value (PV) | |||||||||||||||
Cumulative Planned Value (PV) | |||||||||||||||
Weekly Actual Cost (AC) | $17,000 | $25,000 | $13,000 | $30,000 | $46,000 | $9,000 | |||||||||
Cumulative Actual Cost (AC) | |||||||||||||||
Weekly Earned Value (EV) | |||||||||||||||
Cumulative Earned Value (EV) | |||||||||||||||
Project EV as of Week 6 | |||||||||||||||
Project PV as of Week 6 | |||||||||||||||
Project AC as of Week 6 | |||||||||||||||
CV = EV - AC | |||||||||||||||
SV = EV - PV | |||||||||||||||
CPI = EV/AC | |||||||||||||||
SPI = EV/PV | |||||||||||||||
Estimate At Completion (EAC)=BAC/CPI | |||||||||||||||
Estimated Time to Complete=OTE/SPI | weeks |
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