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    EVMS Gold Card

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    Haneefa Ch
    This document defines key terms and components used in Earned Value Management Systems (EVMS) for project performance monitoring and completion estimates. It outlines the basic components of an EVMS including actual cost, earned value, planned value, budget at completion and variances. It also defines performance indices to measure cost and schedule performance including CPI, SPI and TCPI. Estimates for completion such as EAC, EACCPI and ETC are also provided.

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    EVMS Gold Card

    Uploaded by

    Haneefa Ch
    1K views1 page
    This document defines key terms and components used in Earned Value Management Systems (EVMS) for project performance monitoring and completion estimates. It outlines the basic components of an EVMS including actual cost, earned value, planned value, budget at completion and variances. It also defines performance indices to measure cost and schedule performance including CPI, SPI and TCPI. Estimates for completion such as EAC, EACCPI and ETC are also provided.

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    This document defines key terms and components used in Earned Value Management Systems (EVMS) for project performance monitoring and completion estimates. It outlines the basic components of an EVMS including actual cost, earned value, planned value, budget at completion and variances. It also defines performance indices to measure cost and schedule performance including CPI, SPI and TCPI. Estimates for completion such as EAC, EACCPI and ETC are also provided.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    1K views1 page

    EVMS Gold Card

    Uploaded by

    Haneefa Ch
    This document defines key terms and components used in Earned Value Management Systems (EVMS) for project performance monitoring and completion estimates. It outlines the basic components of an EVMS including actual cost, earned value, planned value, budget at completion and variances. It also defines performance indices to measure cost and schedule performance including CPI, SPI and TCPI. Estimates for completion such as EAC, EACCPI and ETC are also provided.

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    of 1

    DOE EVMS GOLD CARD

    EAC
    MR
    PMB

    SV

    CBB
    BAC

    VAC

    CV

    AC or ACWP
    PV or BCWS
    EV or BCWP

    time

    current

    planned estimated
    completion completion

    PERFORMANCE BASELINE COMPONENTS


    (Performance Baseline must clearly document scope/KPPs, TPC and CD-4 date)
    AUW=
    CA =
    CBB =
    CP =
    MR =
    PB =
    PMB =
    PP =
    SLPP =
    UB =
    WP =

    Authorized Unpriced Work (contractually approved, but not yet negotiated)


    Control Account (includes AUW) = WPs + PPs
    Contract Budget Base = PMB + MR
    Contract Price = CBB + profit/fee
    Management Reserve is held by contractor (Contingency is held by DOE)
    Performance Baseline (TPC) = CP + Contingency + DOE ODC
    Performance Measurement Baseline = CAs + UB + SLPPs
    Planning Package (far-term activities within a CA)
    Summary Level Planning Package
    Undistributed Budget (activities not yet distributed to CA)
    Work Package (near-term, detail-planned activities within a CA)

    EVMS BASIC COMPONENTS*


    AC=
    EV =
    PV=
    BAC
    *

    Actual Cost
    =
    Earned Value
    =
    Planned Value
    =
    = Budget at Completion =

    ACWP
    BCWP
    BCWS
    BCWS

    =
    =
    =
    =

    Actual Cost of Work Performed


    Budgeted Cost of Work Performed
    Budgeted Cost of Work Scheduled
    Sum of Budgeted Cost of Work Scheduled

    For analysis purposes, AC, EV and PV calculations may be based on various time periods,
    e.g., monthly, cumulative, last 3 months from CD-2 or BCP or internal replan.

    Version Sep 2011

    VARIANCES*
    CV
    SV
    CV%
    SV%
    VAC

    =
    =
    =
    =
    =

    EV - AC
    EV - PV
    (EV - AC) / EV
    (EV - PV) / PV
    BAC - EAC

    =
    =
    =
    =

    BCWP - ACWP
    BCWP - BCWS
    (BCWP - ACWP) / BCWP
    (BCWP - BCWS) / BCWS

    =
    =
    =
    =
    =

    Cost Variance
    Schedule Variance
    Cost Variance (%)
    Schedule Variance (%)
    Variance at Completion

    OVERALL STATUS
    % scheduled
    % complete
    % budget spent
    Work Remaining (WR)

    =
    =
    =
    =

    PVcum / BAC
    EVcum / BAC
    ACcum / BAC
    BAC - EVcum

    =
    =
    =
    =

    BCWScum / BAC
    BCWPcum / BAC
    ACWPcum / BAC
    BAC - BCWPcum

    PERFORMANCE INDICES*
    CPI
    SPI
    TCPIBAC
    TCPIEAC

    =
    =
    =
    =

    EV / AC
    =
    EV / PV
    =
    WR / (BAC - ACWPcum) =
    WR / (EAC - ACWPcum) =

    BCWP / ACWP = Cost Performance Index


    BCWP / BCWS = Schedule Performance Index
    BAC-based To Complete Performance Index
    EAC-based To Complete Performance Index

    COMPLETION ESTIMATES
    EAC
    EACCPI
    EACcomposite
    ETC

    =
    =
    =
    =

    BAC / CPIcum
    ACcum + WR / CPIcum
    ACcum + WR / (CPIcum SPIcum)
    EAC - ACcum

    =
    =
    =
    =

    Estimate at Completion (general)


    Estimate at Completion (CPI)
    Estimate at Completion (composite)
    Estimated to Complete

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