Earned Value Calculations for Project Name

Prepared by:
Date:
Note: Change the entries to meet your project needs. This data is from Figure 7-4 of Schwalbe's text Information Technology Project Management, Fourth Edition.
Also make sure the formulas work properly based on the data you enter.
Activity
Plan and staff project
Analyze requirements
Develop ERDs
Design database tables
Design forms, reports, and queries
Construct working prototype
Test/evaluate prototype
Incorporate user feedback
Test system
Document system
Train users
Monthly Planned Value (PV)
Cumulative Planned Value (PV)
Monthly Actual Cost (AC)
Cumulative Actual Cost (AC)
Monthly Earned Value (EV)
Cumulative Earned Value (EV)
Project EV as of May 31
Project PV as of May 31
Project AC as of May 31
CV=EV-AC
SV=EV-PV
CPI=EV/AC
SPI=EV/PV
Estimate at Completion (EAC)
Estimated time to complete

Jan

Feb
Mar
Apr
May
4,000
4,000
6,000
6,000
4,000
4,000
6,000

Jun

4,000
8,000

4,000
10,000 10,000 10,000
12,000
4,000
14,000 24,000 34,000
46,000
4,000
11,000 11,000 12,000
15,000
4,000
15,000 26,000 38,000
53,000
4,000
10,000 10,000 10,000
9,333
4,000
14,000 24,000 34,000
43,333
43,333
46,000
$ 53,000
$ (9,667)
$ (2,667)
81.761%
94.203%
$ 122,308 (original plan of $100,000 divided by CPI)
12.74 (original plan of 12 months divided by SPI)

4,000
10,000
2,000

16,000
62,000

Jul

6,000
4,000

10,000
72,000

Aug

6,000

6,000
78,000

Sep

4,000
4,000

8,000
86,000

Oct

4,000

4,000
90,000

Nov

2,000
3,000
5,000
95,000

Dec

1,000
4,000
5,000
100,000

To Date Planned
Actual
PV
% Complete % Complete
8,000
100
100
12,000
100
100
8,000
100
100
10,000
100
100
8,000
75
50
-

RV
EV
100% 8,000
100% 12,000
100% 8,000
100% 10,000
67% 5,333
43,333

Estimate at Co
120,000

Budget at Com
100,000

80,000

Planned Value (P
60,000

Actual Cost (AC)

40,000

Earned Value (EV)

20,000

7
Month

10

Estimate at Completion (EAC)

Budget at Completion (BAC)

Planned Value (PV)

10

11

12