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ACM C-A03
1. Determine how much work you have done and how much you should
have done according to the plan.
2. Determine how much money you have earned and how much money
you have spent.
4. Analyse the causes for the major deviations and determine possible
remedies.
Aritra Halder | Project Management Systems and Techniques | NICMAR Delhi NCR
Earned Value Management – Key Concepts
Aritra Halder | Project Management Systems and Techniques | NICMAR Delhi NCR
Graphical Illustration of EVM
Aritra Halder | Project Management Systems and Techniques | NICMAR Delhi NCR
Basic Parameters of Earned Value Management
Aritra Halder | Project Management Systems and Techniques | NICMAR Delhi NCR
EVM : Basic Parameters and their interpretation
Aritra Halder | Project Management Systems and Techniques | NICMAR Delhi NCR
EVM Parameters & Brief Descriptions
Aritra Halder | Project Management Systems and Techniques | NICMAR Delhi NCR
EVM Parameters & Brief Descriptions
Aritra Halder | Project Management Systems and Techniques | NICMAR Delhi NCR
EVM Relationships & interpretations
Aritra Halder | Project Management Systems and Techniques | NICMAR Delhi NCR
Illustrative Example
Time (Month)
Work Package
1 2 3 4 5 6 7 8 9 10
Cost 0.25 0.75 1 1.25 1.25 0.5
Earthwork
Schedule
Cost 8 16 16 20 12 8
Concrete Work
Schedule
Cost 4.2 8.4 8.4 10.5 6.3 4.2
Formwork
Schedule
Cost 11.25 22.5 22.5 28.125 16.875 11.25
Reinforcement Work
Schedule
Cost 3.4 5.1 6.8 6.8 6.8 3.4 1.7
Brickwork
Schedule
Cost 1.5 2.25 3 3 3 1.5 0.75
Plastering
Schedule
Cost 0.5 0.75 1 1 1 0.5 0.5
Painting
Schedule
Cost 11 16.5 22 22 22 11 5.5
Flooring
Schedule
Cost 6 6
Waterproofing
Schedule
Cost 3.375 3.375 3.375 3.375
Aluminum Work
Schedule
Cost 8.75 8.75 8.75 5.25 3.25
Electrical Work
Schedule
Cost 1 2 3 4 3 3 2 2
Plumbing Work
Schedule
Cost 8 8
Road Work
Schedule
Value per month 0.25 24.2 52.3 68.25 92.55 92.6 85.375 50.525 21.95 12
Cum. Value per month 0.25 24.45 76.75 145 237.55 330.15 415.525 466.05 488 500
Aritra Halder | Project Management Systems and Techniques | NICMAR Delhi NCR
Illustrative Example
BCWS (Scheduled BCWP (Actual ACWP (Cost against
Work Package Budget Scheduled Progress Actual Progress
progress * Budget) Progress * Budget) actual progress)
Earthwork 5 40% 50% 2.00 2.50 3.00
Concrete Work 80 30% 20% 24.00 16.00 18.00
Formwork 42 30% 30% 12.60 12.60 13.60
Reinforcement
112.5 30% 30% 33.75 33.75 35.00
Work
Brickwork 34 10% 15% 3.40 5.10 4.50
Plastering 15 0% 0% 0.00 0.00 0.00
Painting 5.25 0% 0% 0.00 0.00 0.00
Flooring 110 0% 0% 0.00 0.00 0.00
Waterproofing 12 0% 0% 0.00 0.00 0.00
Aluminum Work 13.5 0% 0% 0.00 0.00 0.00
Elecrical Work 34.75 0% 0% 0.00 0.00 0.00
Plumbing Work 20 5% 0% 1.00 0.00 0.00
Road Work 16 0% 0% 0.00 0.00 0.00
Total 500 76.75 69.95 74.1
Aritra Halder | Project Management Systems and Techniques | NICMAR Delhi NCR
Illustrative Example
BCWS (Scheduled BCWP (Actual ACWP (Cost against
Work Package Budget Scheduled Progress Actual Progress
progress * Budget) Progress * Budget) actual progress)
Earthwork 5 40% 50% 2.00 2.50 3.00
Concrete Work 80 30% 20% 24.00 16.00 18.00
Formwork 42 30% 30% 12.60 12.60 13.60
Reinforcement
112.5 30% 30% 33.75 33.75 35.00
Work
Brickwork 34 10% 15% 3.40 5.10 4.50
Plastering 15 0% 0% 0.00 0.00 0.00
Painting 5.25 0% 0% 0.00 0.00 0.00
Flooring 110 0% 0% 0.00 0.00 0.00
Waterproofing 12 0% 0% 0.00 0.00 0.00
Aluminum Work 13.5 0% 0% 0.00 0.00 0.00
Elecrical Work 34.75 0% 0% 0.00 0.00 0.00
Plumbing Work 20 5% 0% 1.00 0.00 0.00
Road Work 16 0% 0% 0.00 0.00 0.00
Total 500 76.75 69.95 74.1
Aritra Halder | Project Management Systems and Techniques | NICMAR Delhi NCR
Illustrative Example
BCWS (Scheduled BCWP (Actual ACWP (Cost against
Work Package Budget Scheduled Progress Actual Progress
progress * Budget) Progress * Budget) actual progress)
Earthwork 5 40% 50% 2.00 2.50 3.00
Concrete Work 80 30% 20% 24.00 16.00 18.00
Formwork 42 30% 30% 12.60 12.60 13.60
Reinforcement
112.5 30% 30% 33.75 33.75 35.00
Work
Brickwork 34 10% 15% 3.40 5.10 4.50
Plastering 15 0% 0% 0.00 0.00 0.00
Painting 5.25 0% 0% 0.00 0.00 0.00
Flooring 110 0% 0% 0.00 0.00 0.00
Waterproofing 12 0% 0% 0.00 0.00 0.00
Aluminum Work 13.5 0% 0% 0.00 0.00 0.00
Elecrical Work 34.75 0% 0% 0.00 0.00 0.00
Plumbing Work 20 5% 0% 1.00 0.00 0.00
Road Work 16 0% 0% 0.00 0.00 0.00
Total 500 76.75 69.95 74.1
Aritra Halder | Project Management Systems and Techniques | NICMAR Delhi NCR
Illustrative Example
• BAC = 500
• EAC = ACWP + [(BAC-BCWP)/(CPIXSPI)] = 74.1+(500-69.95)/(0.911*0.944) = 574.2
• VAC = BAC- EAC= 500-574.2 = -74.2
Aritra Halder | Project Management Systems and Techniques | NICMAR Delhi NCR
Reference
Aritra Halder | Project Management Systems and Techniques | NICMAR Delhi NCR
Thanks!
Aritra Halder | Project Management Systems and Techniques | NICMAR Delhi NCR