Earned Value Management

Earned Value Management (EVM) Calculation and Analysis

 Scope, Schedule and Cost. A valuable tool within ProjectVision, Earned Value Management will provide you with early warning signs of performance issues, ensuring that the correct measures are taken to minimise their impact on your projects, programs and ultimately, your business.

ProjectVision provides all of the expected calculations required for comprehensive Earned Value Management:

• Earned Value (EV)
• Planned Value (PV)
• Actual Cost (AC)
• Budget at Completion (BAC)
• Cost Variance (CV)
• Estimate to Complete (ETC)
• Estimate at Completion (EAC)
• Schedule Performance Index (SPI)
• Schedule Variance (SV)
• To Complete Performance Index (TCPI)
• To Complete Schedule Performance Indicator (TSPI)

Planned Value, Earned Value and Actual Cost are all displayed graphically on each project’s homepage and all of the values are displayed in tabular format.

Coupled with performance management and RAG reporting, ProjectVision’s Earned Value Management ensures that organizations are managed effectively.