Earned Value Calculator
Calculate CPI, SPI, EAC, and ETC for project performance tracking.
Inputs
$
%
$
%
Results
Cost Performance Index (CPI)
0.91
Schedule Performance Index (SPI)0.89
Earned Value (EV)$200,000.00
Cost Variance (CV)-$20,000.00
Schedule Variance (SV)-$25,000.00
Estimate at Completion (EAC)$550,000.00
Estimate to Complete (ETC)$330,000.00
To-Complete Performance Index1.07
Vac-50,000
How to Use This Calculator
- Enter the Planned Value (PV) — the budgeted cost of work scheduled to date.
- Input the Actual Cost (AC) — what has actually been spent to date.
- Enter the Earned Value (EV) — the budgeted cost of work actually completed.
- Review the Schedule Variance, Cost Variance, SPI, and CPI.
- A CPI below 1.0 means you are spending more than planned; use EAC to project final cost.
What each input means
- Budget at Completion (BAC)
- Total project budget.
- % Complete (Actual)
- Actual percentage of work completed.
- Actual Cost (AC)
- Actual cost spent to date.
- % Planned Complete
- Percentage of work that should be complete per schedule.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersBudget at Completion (BAC) = 500000, % Complete (Actual) = 40, Actual Cost (AC) = 220000, % Planned Complete = 45 = 4 input(s) provided
- Calculate Cost Performance IndexCost Performance Index0.909 = 0.909
- Calculate Schedule Performance IndexSchedule Performance Index0.889 = 0.889
- Calculate Earned ValueEarned Value = ev200000 = $200,000
Engine last updated . Checked against 2 independently-derived tests — how we verify calculators.
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