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Calcimator

Earned Value Management Calculator

Perform Earned Value analysis to track project cost and schedule performance. Calculate CPI, SPI, EAC, ETC, and variance metrics.

Inputs

$
%
$
%

Results

Earned Value (EV)

$400,000.00

≈ 10 Teslas

Cost Performance Index

0.89

Estimate at Completion

$1,124,859.39

≈ 3 average U.S. homes

Schedule Performance Index0.89
Cost Variance-$50,000.00
Schedule Variance-$50,000.00
Estimate to Complete$674,859.39
Variance at Completion-$124,859.39
To-Complete Performance Index1.09
How to Use This Calculator
  1. Enter Budget at Completion (BAC), Percent Complete, and Actual Cost (AC).
  2. Set Planned Progress.
  3. Review Earned Value (EV) ($), Cost Performance Index, and Estimate at Completion ($).
  4. Use Schedule Performance Index and Cost Variance ($) to inform your decision.
  5. Use the chart to visualize the results and explore different scenarios by adjusting inputs.

How the result changes with Budget at Completion (BAC)

Budget at Completion (BAC)Earned Value (EV)Cost Performance IndexEstimate at Completion
$10,000,900.00$4,000,360.008.89$1,124,960.63
$35,000,650.00$14,000,260.0031.11$1,124,988.75
$65,000,350.00$26,000,140.0057.78$1,125,001.73
$90,000,100.00$36,000,040.0080$1,125,001.25

What each input means

Budget at Completion (BAC)
Total approved project budget.
Percent Complete
Actual physical percent complete of the work.
Actual Cost (AC)
Total costs actually incurred to date.
Planned Progress
Percent of work that should be done per the baseline schedule.

What each result means

Earned Value (EV)
Value of work actually completed (BAC × % Complete).
Cost Performance Index
Cost efficiency ratio (>1 = under budget, <1 = over budget).
Schedule Performance Index
Schedule efficiency ratio (>1 = ahead, <1 = behind).
Cost Variance
EV minus AC. Positive means under budget.
Schedule Variance
EV minus PV. Positive means ahead of schedule.
Estimate at Completion
Projected total cost based on current CPI.
Estimate to Complete
Remaining cost to finish the project.
Variance at Completion
Projected budget surplus or overrun.
To-Complete Performance Index
Required CPI for remaining work to meet BAC.

How this is calculated

Worked example, using the default values

  1. Identify Input Parameters
    4 parameters
    Budget at Completion (BAC) = 1000000, Percent Complete = 40, Actual Cost (AC) = 450000, Planned Progress = 45 = 4 input(s) provided
  2. Calculate Earned Value
    Earned Value
    400000 = $400,000
  3. Calculate Cost Performance Index
    Cost Performance Index
    0.889 = 0.889
  4. Calculate Estimate at Completion
    Estimate at Completion
    1124859.39 = $1,124,859.39
  5. Calculate Schedule Performance Index
    Schedule Performance Index
    0.889 = 0.889
  6. Calculate Cost Variance
    Cost Variance
    -50000 = $-50,000

Engine last updated . Checked against 2 independently-derived tests — how we verify calculators.

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