Earned Value Problem Solution

To calculate the Planned Value, PV, you just need to add the amount of work that was supposed to be done by 3rd day. Three sides were supposed to be done. The budget to complete each of the three sides was 0. So the planned value, PV, is 500+500+500= 00. But, what is actually done by 3rd day is, two sides completely done and third side is only 50% done, hence the Earned Value, EV is 500+500+250=50 The actual cost, AC, of doing the work is 500+700+300= 00. Now, since we know, PV, EV and ACcalculating CPI and SPI is pretty straight forward. Just put these into the formulas we learn earlier. Do this as an exercise!


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