Earned Value Management Excel Template
EVM integrates project scope, time 8. costs through periodic measurements of actual cost St work completion.
lt views project progress in terms of cost as a function of time against a firm baseline set up at the project start. When
the project is originally planned, it is divided into Work Breakdown Structure (WBS) Sl further sub-divided into work
packages.
These work packages are assessed for cost estimates Sl scheduled in a time sequence. Taken together, WBS, master
schedule & cost budgets form the baseline, represented as a graph of planned costs over time. This is the planned
value (PV).
lt tells how the costs will flow over time as planned. During the project execution, actual costs (AC) Sl the quantum of
work completed are periodically noted.
EVM integrates project scope, time 8. costs through periodic measurements of actual cost St work completion.
lt views project progress in terms of cost as a function of time against a firm baseline set up at the project start. When
the project is originally planned, it is divided into Work Breakdown Structure (WBS) Sl further sub-divided into work
packages.
These work packages are assessed for cost estimates Sl scheduled in a time sequence. Taken together, WBS, master
schedule & cost budgets form the baseline, represented as a graph of planned costs over time. This is the planned
value (PV).
lt tells how the costs will flow over time as planned. During the project execution, actual costs (AC) Sl the quantum of
work completed are periodically noted.
