Visualizing Earned and Planned Values using Two Graphs
I am preparing for the PMP exam and, as many others, I have stumbled over the concept and calculation of EV, PV.
The main books I have consulted explain these terms either through formulae that one has to memorize, or through intricate graphical representations difficult to digest.
I didn't want to end memorizing and applying the formulae in a mechanical way. And I came up with a more edible way of visualizing and calculating both EV and PV using two graphs instead of one as it is usually presented.
I wrote a note on this that I would like to share with you. I haven't yet put it to test extensively, but I am confident that everything in there is correct.
If you read the note, please let me know if you find any glitch in my reasoning. Thanks a lot.
This is the link to the one-page pdf: