EVM Indicator Week 1 Week 2 Week 3 Formula used Cost Variance $2,000 $6,000 $9,200 Cost Variance = Earned Value - Actual Cost Schedule Variance -$4,750 $0 $4,000 Schedule Variance = Earned Value - Planned Value Cost Performance Index 1.4 1.375 1.243 Cost Performance Index = Earned Value / Actual Cost Schedule Performance Index 0.596 1.0 1.093 Schedule Performance Index = Earned Value / Planned Value Estimated Cost at Completion (use the EAC - BAC / CPI formula) $37, 321.43 $38,000 $42,022.34 Estimated Cost at Completion = Budget at Completion / Cost Performance Index Estimated Cost to Complete $32, 321.43 $22,000 $4,222.34 Estimated Cost to Complete = Estimated Cost at Completion - Actual Cost