Earned Value Management or EVM is a systematic approach to analyze project status with respect to planned scope, planned schedule and planned cost. This is also referred to as Earned Value Analysis or EVA.
Reference Timestamps
0:15 Basics: Earned Value, Planned Value, Cost Variance (CV) and Schedule Variance (SV)
4:30 Cost Performance Index (CPI) and Schedule Performance Index (SPI)
8:21 EVM Terms: BAC, ETC, EAC, VAC, PMP
12:22 Forecasting: Scenario 1
15:12 Forecasting: Scenario 2
18:29 Forecasting: Scenario 3
20:43 Forecasting: Scenario 4
22:45 TCPI: To Complete Performance Index
25:15 Solved Problem #1
27:51 Solved Problem #2
This lesson addresses the following
- What is Earned Value Technique?
- What is Value in Earned Value Management?
- What is Earned Value (EV), Planned Value (PV) and Actual Cost (AC)?
- What is Schedule Variance (SV)?
- What is Cost Variance (CV)?
- How to calculate schedule variance (SV)?
- How to calculate cost variance (CV)?
- What is the Cost Performance Index (CPI)?
- What is the Schedule Performance Index (SPI)?
- What is Performance Management Baseline (PMB)?
- What is Budget at Completion (BAC)?
- What is Estimate at Completion (EAC) and Estimate to Completion (ETC)?
- How to calculate Estimate at Completion (EAC) and Estimate to Completion (ETC)?
- Why do we have multiple forecasting techniques in EVM?
- What is TCPI or To Complete Performance Index?
- Earned Value Management Questions
- Earned Value Management Formulas
- Earned Value Management Problems
Additional Lessons
1. Fixed Price Incentive Fee Contracts: [ Ссылка ]
2. Firm Fixed Price Contracts: [ Ссылка ]
3. Cost Plus Incentive Fee Contracts: [ Ссылка ]
4. Time Value of Money: [ Ссылка ]
5. NPV and IRR: [ Ссылка ]
6. Benefit-Cost Ratio & ROI: [ Ссылка ]
7. Straight Line Depreciation: [ Ссылка ]
8. Double Declining Balance Depreciation: [ Ссылка ]
9. Sum Of Years Digits Depreciation: [ Ссылка ]
All the best with your PMP exam!!
[Schedule Variance]
Schedule Variance and Cost Variance
Schedule Variance in Project Management
Schedule Variance Formula
Schedule Variance Calculation Example
Schedule Variance Example
Schedule Variance Graph
Schedule Variance Formula with Example
[Cost Variance]
Cost Variance Analysis
Cost Variance Project Management
Cost Variance Formula
Cost Variance and Schedule Variance
[Schedule Performance Index]
Schedule Performance Index (SPI)
Schedule Performance Index Calculator
Schedule Performance Index PMP
Schedule Performance Index Formula
Cost Performance Index and Schedule Performance Index
[Cost Performance Index]
Cost Performance Index in Project Management
Cost Performance Index Example
Cost Performance Index Calculation
[Budget At Completion]
Budget At Completion Project Management
Budget At Completion Example
Budget At Completion Formula
Budget At Completion PMP
#SunnySensei #EarnedValueAnalysis #EVA #TCPI #PMP
