Earned
Value Metrics – the easy way to remember it
- EV (BCWP) comes first in every formula.
- If it is a
variance - it is EV minus something
- If it is an index
- it is EV divided by something
- If the question relates
to cost - use AC
- If the question refers to schedule
- use PV
- Negative is either behind
schedule or over
budget ( For example: CV = -30% = over budget)
- Positive
is either ahead of schedule or under budget
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