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Project Management

Earned Value Calculator

Calculate CPI, SPI, CV, and EAC for schedule/cost control.

Last validated: 2026-02-14

Earned Value Calculator evaluates project performance using planned value, earned value, actual cost, and budget at completion. Planned Value (PV) is the budgeted value of work that should have been completed by a point in time, Earned Value (EV) is the budgeted value of work actually completed, and Actual Cost (AC) is what has actually been spent. Cost Variance (CV) compares EV with AC, Schedule Variance (SV) compares EV with PV, Cost Performance Index (CPI) measures cost efficiency, and Schedule Performance Index (SPI) measures schedule efficiency. Values below 1.0 for CPI or SPI usually indicate unfavorable performance. EVM is useful for structured project control, but it depends on honest progress measurement and a meaningful baseline.

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Input Pattern

Enter values in the left panel, keep units explicit, run the calculation, then copy or share the result. Invalid fields are highlighted immediately.

EVM Inputs

Result

Cost variance (CV): -$15,000.00

Schedule variance (SV): -$25,000.00

CPI: 0.8636

SPI: 0.7917

Estimate at completion (EAC): $138,947.37

Estimate to complete (ETC): $28,947.37

How to use this tool

  1. Enter Planned Value (PV), Earned Value (EV), Actual Cost (AC), Budget at Completion (BAC) for the earned value calculator, keeping units, dates, or text format consistent with the form labels.
  2. Confirm the planning horizon, team assumptions, and workload context before calculating the result.
  3. Click "Run the tool" and review EVM Inputs, Result for the primary output.
  4. Rerun with alternate assumptions before changing plans, staffing, or commitments.

Worked Example

Auto-generated from the tool's current default or entered inputs.

Example Inputs

  • Planned value: 120000.0
  • Earned value: 95000.0
  • Actual cost: 110000.0
  • Budget at completion: 120000.0
  • Cost variance: -15000.0
  • Schedule variance: -25000.0
  • Cpi: 0.8636363636363636
  • Spi: 0.7916666666666666

Expected Outputs

  • Planned value: 120000
  • Earned value: 95000
  • Actual cost: 110000
  • Budget at completion: 120000

Interpretation

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