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# PMP Homework - EVM Exercise

Trainer

Last edited:

Alumni
1.EV = 13 M\$
2.PV=21 M\$
3.AC=12 M\$
4.CV=1 M\$
5.SV=-8 M\$
6.CPI=1.08 M\$
7.SPI=0.62 M\$
8.EAC=24 M\$
9.ETC=12 M\$

Last edited:

#### Katharine Barnes

##### Member
Alumni
1. EV - \$10M
2. PV - \$15M
3. AC - \$12M
4. CV - \$2M
5. SV - \$5M
6. CPI - 0.83
7. SPI - 0.66
8. Updated estimate of project lifetime (EAC) - \$? Can't figure out the correct formula. Will need some help with this in our session tomorrow.
9. Updated estimate for cost at completion (ETC) - \$31,325,301 [\$26M (BAC) / \$.83 (CPI)]
Project is only progressing at 66% of the originally planned rate and .83 worth is got out of every dollar spent. May want to look at performance reviews and schedule compression.

Last edited:

#### Nisha Sangra

##### Member
Alumni
1. EV = 10M
2. PV = 15M
3. AC = 9M
4. CV = 2
5. SV = -5
6. CPI = 1.1
7. SPI = 0.67
8. Updated estimate of project lifetime = 25
9. EAC = 23.64

Alumni

EV 13 M
PV 15 M
AC 12 M
CV 1
SV -2
CPI 1.08
SPI 0.86
EAC 24.07
ETC 38

#### Suvesh Sharan

##### New Member
Alumni

PV 15 M
EV 10 M
AC 9 M

CV 1 M
SV -5 M

CPI 1.1 M

SPI 1.5 M

Estimate at completion (EAC) = 23.64 M

#### Praveen Kumar Nomula

##### Member
Alumni
Is the data posted is correct? From the table it shows Estimated and Planned is coming as 37 months, However below table shows that baseline schedule timeline is 30 months.

Also table E shows as 50% complete(Actual) and bottom of table says should be completed by now.

If I go by table data, EV=8.125 , Am I missing something? Can someone explain to me how you arrived above calculations?

#### Samer barakeh(3330)

##### Well-Known Member
Trainer
Is the data posted is correct? From the table it shows Estimated and Planned is coming as 37 months, However below table shows that baseline schedule timeline is 30 months.

Also table E shows as 50% complete(Actual) and bottom of table says should be completed by now.

If I go by table data, EV=8.125 , Am I missing something? Can someone explain to me how you arrived above calculations?

Hi Praveen, thanks for your question

EV = Budgeted value of the work performed
work performed is: 100% of D (Budgeted at 2 Mill), 100% of A (Budgeted at 3 Mill) , 50% of E ( 10*50%=5 Mill) and 50% of F (6*50%=3 Mill)
EV= 2+3+5+3= 13 Mill

PV = Budgeted value of the work planned
work planned: "According to Baseline Schedule: D A and E should be completed by now" (Budgeted at 2 Mill, 3 Mill and 10 Mill respectively)
so the PV= 2+3+10 = 15 Mill

AC = Actual spent on work Performed
Actual Spent: 1.25+3+4.75+3 = 12 Mill

Project Budget = sum of Budgeted Values of all activities = 2+3+10+6+5 = 26 Mill

The rest is applying the EVM equations for CV, SV, CPI, SPI and EAC.

Hope this helps!

Samer

• Praveen Kumar Nomula

#### Praveen Kumar Nomula

##### Member
Alumni
Thanks Samer. However I have one further question, Project baseline is mentioned as overall lifetime is 30 months. What this mean is?

#### Samer barakeh(3330)

##### Well-Known Member
Trainer
Hi Praveen,
good question...
This is to trigger our thoughts....the overall project lifetime is NOT equal to the sum of the time required for all activities....
it is based on the network diagram of the project... which may have leads, lags, activities in parallel etc.

Best,
Samer