Project Management - Cost Control
Project Management - Cost Control
Project Management - Cost Control
CV SV CPI SPI
Cost Performance Index Schedule Performance
Cost Variance Schedule Variance
Index
EV – AC EV – PV EV / AC EV / PV
Where: Where: Where: Where:
EV = Earned Value EV = Earned Value EV = Earned Value EV = Earned Value
AC = Actual Cost PV = Planned Value AC = Actual Cost PV = Planned Value
EARNED VALUE FORMULAS “Simplified”
CV - Cost Variance • EV – AC
Zero • On Budget
SV - Schedule Variance • EV – PV