comments on: 7 earned value management formulas to know for project controls - 瑞士vs喀麦隆足彩赔率

by: bob tipu

fri, 22 oct 2021 19:57:12 +0000

in reply to manish dhungana.

cpi=ev/ac=6000/7800=.76

spi=ev/pv=6000/10000= .6

bac=200000

eac=bac/cpi=200000/.76 = 263157

i hope i am correct…am a learner at this…

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by: michael lepage

wed, 09 dec 2020 16:13:52 +0000

sherif sidky. bac can be bigger than pv which means that you had cost-overruns. you spent more than you planned to spend.]]>

by: sherif sidky

wed, 09 dec 2020 14:32:54 +0000

in case of a well-planned project, can the bac equals the pv in any project or it must be bigger than the pv????

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by: ujang sonjaya

tue, 05 may 2020 16:36:43 +0000

in reply to murali cheekala.

how about non man-hours? as we know that in the resource have 3 option (labor, materials, and non-labor, how we can measure the non-labor?
if the pms can be based on man-hours so the non-labor is not include to the evm?
if non-labor can be converted to the labor, how to do it?
can we assume that the non-labor as the labor, so we can calculate man-hours?

please help me
thank you in advance
ujang sonjaya
ujang.bopengineer@gmail.com

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by: mohamed shaban

sat, 14 mar 2020 15:56:59 +0000

thanks for sharing this nice article. i’m teaching this subject to my master’s degree students. morethan i wrote &published textbook in arabic language about 8 years ago. now my task and effort are concerted on it implementation on arabic construction
immediately .
best regards

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by: michael lepage

tue, 12 mar 2019 20:17:06 +0000

bobby brown. thanks bobby - that is correct and i'll need to amend the article for completion.]]>

by: bobby brown

mon, 11 mar 2019 16:22:25 +0000

in reply to michael lepage.

actually there are 3 formulas for eac since the eac is the ac + bottom-up etc
1. for etc at budget rate (i.e. future work will be accomplished at the planned rate) use: eac = ac + (bac-ev) = bac – cv

2. for etc at present cpi (cpi is expected to be the same for the reminder of the project) use: eac = bac/cpi

3 for etc considering both spi and cpi use: eac = ac + [(bac-ev)/(cpi*spi)]

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by: michael lepage

mon, 09 apr 2018 01:09:08 +0000

in reply to ruwan hewavitharana.

hi ruwan,
thanks for the feedback.
here’s a link to this article in pdf format.//www.deco-dalles.com/wp-content/uploads/2018/04/planacademy.com-7-earned-value-management-formulas-to-know-for-project-controls.pdf
enjoy!
michael

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by: ruwan hewavitharana

sun, 08 apr 2018 11:27:24 +0000

the article is very important to me because of i am pursuing ccp. i want to do a presentation of cost control for my company and i would like to get one of power point presentations on the same.

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by: manish dhungana

sat, 02 dec 2017 23:23:18 +0000

install and test software for 100 servers over 10 days at $200 per server. current situation: 5 days of work, 30 servers completed, $7800 total cost. please calculate cpi, spi, eac, ecd.

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by: ferdinand ancheta

thu, 15 dec 2016 04:58:42 +0000

in reply to ferdinand ancheta.

oppsss…it should read as ecd will now then your realistic finish date…if your earned value is accurate.

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by: ferdinand ancheta

thu, 15 dec 2016 04:56:36 +0000

i want to add these formula:
teac – time estimate at completion (duration / spi)
ecd – estimated completion date (start date + teac)

ecd will now then your realistic finish date using if your earned value is accurate.

thanks,
ferds

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by: michael lepage

tue, 06 dec 2016 21:37:21 +0000

mustafa. mustafa, i'm not sure where you see eac = bac - cv, but the formual eac = bac / cpi is correct.]]>

by: mustafa

sat, 03 dec 2016 19:41:55 +0000

michael
thanks.

for calculating eac, article says as eac= bac-cv, but the formula below the article says as eac=bac/cpi. the both formulas giving different values.
please advise.

regards
mustafa
project manager
cecon contracting, dubai

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by: praveen malik

thu, 14 jan 2016 14:05:09 +0000

hi michael,

good presentation of formulas. for your readers here is comprehensive list of all evm formulas – http://www.pmbypm.com/earned-value-management-formulas/

br
praveen malik

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by: praveen malik

thu, 14 jan 2016 14:02:44 +0000

comprehensive list of all evm formulas br praveen malik]]>

by: michael lepage

fri, 13 nov 2015 18:59:09 +0000

esther joy. glad you liked it!]]>

by: esther joy

fri, 13 nov 2015 12:18:39 +0000

thanks for giving such a nice article . the information you shared will help me to get a good knowledge.

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by: colum o'donovan

fri, 30 oct 2015 03:03:16 +0000

great note michael, it’s very appropriate at the moment

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by: murali cheekala

thu, 29 oct 2015 05:17:54 +0000

based on my experience, the success of implementing evm in a project depends on the accurate calculation of the % of physical work complete.

in a complex mega project, having multitude of activities, a comprehensive progress measurement system (pms) has to be developed to calculate the actual % of work complete. the pms can be based on man-hours or cost weightage basis.

with out an accurate progress measurement system, evm will be of limited use for project controls personnel.

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by: azad pasha

wed, 28 oct 2015 08:06:35 +0000

hello michael,
great !
this will be a complete set with those items :
bcws : budgeted cost of work scheduled
bcwp: budgeted cost of work performed
acwp : actual cost work performed

maybe an s-curve graph of a project in execution phase will be appropriate to show all those terms.
have you thought of the learning curve ? and its effect on the evm ? i would like to contribute with an article about it from my own experience .

keep up the good job !

azad

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by: michael lepage

mon, 26 oct 2015 14:08:23 +0000

islam katta. imk, best of luck on your project. thanks for reading!]]>

by: islam katta

sun, 25 oct 2015 18:57:48 +0000

hi michael
hope this message finds you in best health.
many thanks for your email. coincendently i had my superiors visited me last week from italy (astaldi). the earned value topic was the main in our discussion. i’m now in turkey in their larger health campus project,etlik as the pcs manager.
i emphasize i do appreciate it.
best regards
imk

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