EVM example

For a small manufacturing project consider the following :

- Baseline cost for 100% of project = $80,000

- Planned progress as per schedule baseline = 40%

- Your calculation at 47.5% physical progress .

- Actual expenditure = $48,000

1- Calculate the required fund , assuming the same calculated projection of cost performance, that must be obtained for the remaining work (ETC)

2- Interpret schedule and cost performance for this contractor, consider KPIs = 0.90 is the target .