Earned value calculator

Enter budget, percent complete and actual cost to get EV, CV, SV, CPI and SPI, plus the forecast for what the project now finishes at.

Free, no signup, nothing to download. Results update as you type.

Earned value (EV)$54,000.00
Cost variance (CV)$-8,000.00Over budget for the work done
Schedule variance (SV)$-6,000.00Behind the plan
CPI0.87
SPI0.9
Forecast at completion (EAC)$137,777.78BAC / CPI, assuming performance to date continues
How this is calculated

EV = BAC x percent complete. CV = EV - AC. SV = EV - PV. CPI = EV / AC. SPI = EV / PV. EAC = BAC / CPI. Anything below 1.0 on CPI or SPI means you are spending faster, or moving slower, than planned.

Frequently asked
What is the difference between PV and AC?

Planned value is what the schedule said you would have consumed by today. Actual cost is what you really spent. Earned value sits between them: the budgeted worth of the work genuinely finished.

Is a CPI of 0.9 bad?

It means you are getting ninety cents of budgeted work for every dollar spent. Carried to the end of a $1M project, that is roughly $1.11M. It is worth acting on early, because CPI rarely improves on its own.

Where does percent complete come from?

That is the weak link in every earned value system. If it is someone guessing, the whole calculation inherits the guess. Deriving it from completed tasks weighted by their budget is far harder to fool.

Stop recalculating this by hand.

The same numbers, live off the rows your team already edits, in a spreadsheet that rolls them up for you. Start your 7-day free trial, no credit card required.