Earned Value Management EMV

Can someone please give me couple of examples of how to calculate AC=CV/(CPI-1) and PV=SV/(SPI-1)?. Thanks.

The way you explain this is, Algebra i.e

AC = CV/(CPI-1)

AC*(CPI-1) = CV

Now replacing CPI = EV/AC

So it will be AC*(EV/AC) -AC=CV

EV-AC = CV Which is the formulae for Cost Variance

Using the same logic for the other one i.e

PV=SV/(SPI-1)

PV*(SPI-1)= SV

Now replacing SPI = EV/PV

So it will be EV-PV = SV Which is the formulae for Schedule Variance

Thank you for your reply, will there be any questions in the exam that will require to use the formula before the algebra breakdown or exam will ask just to use CV or SV formulas depending upon the question?  

cnppmp's picture

You would have at least 8 to 12 questions on EV, but not the one you described or you've doubt about, little tricky but it will provide enough information for you to get the right answer.

But you should know all possible formulas in EV M and also practice more on those questions instead of memorizing them.

 

Regards

CN Patil

Agree with cnppmp, most of 10-15 questions regarding EVM are based on straight forward formulae, Only reason for this practice EVM question is to reinforce the understanding of EVM calculation, If you understand these concepts, be assure that you will get ALL the EVM questions right.

Dear Team,

Need your support to provide me with some EVM questions, I have memorized the formulas, but I need to put them in practice.
Please e-mail me at yasser.aboelezz@gmail.com.

Appreciate your support & wish me good luck