Test Project [Company Name / Logo]

Earned Value Analysis Report

Prepared By: [Manager's Name]

Date: [Report Date] $30,000
[42]
Planned Value (PV)
For Period: Week 7 $25,000 Earned Value (EV)
Actual Cost (AC)
Summary: $20,000
[Use this space to write a brief summary or to record
specific observations or notes] $15,000
This project is
$10,000 under budget and
ahead of schedule.
$5,000
Period
$0
1 2 3 4 5 6 7 8 9 10 11 12

Planned Value (PV) or Budgeted Cost of Work Scheduled (BCWS)

WBS Task Name TBC 1 2 3 4 5 6 7 8 9 10 11 12
1.1 Task 1 3500 1000 500 2000
1.2 Task 2 4200 500 800 900 2000
1.3 Task 3 4500 700 2000 1000 800
1.4 Task 4 3300 200 600 1000 1500
1.5 Task 5 3000 700 500 1000 800
1.6 Task 6 6700 700 2000 1000 2000 1000
0
0
0
0
0
0
Insert new rows above this one
Total Budgeted Cost 25200 1000 1000 3700 3500 4700 2800 1000 1500 2000 1000 2000 1000
Cumulative Planned Value (PV) 1000 2000 5700 9200 13900 16700 17700 19200 21200 22200 24200 25200

Actual Cost and Earned Value

Cumulative Actual Cost (AC) 800 1950 4550 6550 10800 13600 14500
Cumulative Earned Value (EV) 525 2800 5885 7820 9725 15170 20770

Project Performance Metrics

Cost Variance (CV = EV - AC) -275 850 1335 1270 -1075 1570 6270 - - - - -
Schedule Variance (SV = EV - PV) -475 800 185 -1380 -4175 -1530 3070 - - - - -
Cost Performance Index (CPI = EV/AC) 0.66 1.44 1.29 1.19 0.90 1.12 1.43 - - - - -
Schedule Performance Index (SPI = EV/PV) 0.53 1.40 1.03 0.85 0.70 0.91 1.17 - - - - -
Estimated Cost at Completion (EAC) 38400 17550 19483 21107 27986 22592 17593 - - - - -
This worksheet is used to help calculate the Earned Value (EV) or Budgeted Cost of Work Performed (BCWP).
Use this worksheet to help calculate the Actual Cost (AC) of Work Performed (ACWP) by entering the costs incurred each period.
 Earned Value and its use in Cost Control.

BCWS ACWP BCWP

Work Package %Progress
Planned Value Actual Cost Earned Value
1 $100,000.00 $120,000.00 100% $100,000.00
2 $100,000.00 $110,000.00 100% $100,000.00
3 $100,000.00 $80,000.00 90% $90,000.00
4 $100,000.00 $125,000.00 80% $80,000.00
5 $100,000.00 $75,000.00 50% $50,000.00
6 $100,000.00 $0.00 0% $0.00
7 $100,000.00 $0.00 0% $0.00
8 $100,000.00 $0.00 0% $0.00
9 $100,000.00 $0.00 0% $0.00
10 $100,000.00 $0.00 0% $0.00
BAC $1,000,000.00 $510,000.00 $420,000.00
ACWP : Actual Cost of Work Performed

BCWP : Budgeted cost of Work Performed

BAC : Budget At Completion

BAC $1,000,000.00
PV $500,000.00
AC $510,000.00
EV $420,000.00
In this example,
the project is
over budget
Cost Variance (CV = EV - AC) -$90,000.00
and behind
Cost Performance Index (CPI = EV/AC) 0.82 schedule
Schedule Variance (SV = EV - PV) -$80,000.00
Schedule Performance Index (SPI = EV/PV) 0.84