Project 2013 Advanced

Lesson 3 - Evaluating and Distributing Data

Project 2013

Field Description CV%

This field displays a percentage that compares how much it should have cost to achieve the amount of work completed to how much it actually cost [ CV% = ((BCWP - ACWP) / BCWP) * 100 ]. A positive value indicates a task under budget, while a negative value indicates a task over budget. This field provides a ratio of baseline cost of work to actual cost of work [CPI = BCWP / ACWP]. A value less than 1 indicates a task over budget and a value greater than 1 indicates a task under budget. This field shows the ratio of work remaining to be done to funds remaining to be spent, as of the status date [TCPI = (BAC - BCWP) / (BAC - ACWP)]. A value greater than 1 means that you will have to increase performance for the rest of the project to stay within budget. A value less than 1 means that you are under budget.

CPI

TCPI

The Earned Value Schedule Indicators table includes the BCWS, BCWP, SV fields, and the additional fields below:

Field

Description

SV%

This field displays the percentage that a task is on, over or under schedule [SV% = (SV / BCWS) * 100]. A positive value means that the task is ahead of schedule, while a negative value means that it is behind schedule. This field displays a ratio that compares the cost of work performed with the cost of work scheduled [SPI = BCWP / BCWS]. A value greater than 1 means that the work is ahead of schedule, while a value less than 1 means the work is behind schedule.

SPI

Viewing the Earned Value Schedule Indicators table

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