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Earned Value Management Calculator

Calculate EVM metrics (CPI, SPI, EAC, ETC, VAC) with S-curve charts, performance indices, and forecast-at-completion analysis.

Tested tool guide Tested browser tools Checked August 16, 2026

What Earned Value Management Calculator does, with a checked example

Translate a project's status-date baseline and actuals into cost and schedule performance indicators plus an updated completion forecast. Enter budget at completion (BAC), planned value (PV), earned value (EV), and actual cost (AC); the result reports CPI, SPI, EAC, ETC, and VAC, while the S-curve shows cumulative separation over time. The common mistake is treating EV as revenue or spending. EV is the budgeted value of work actually completed at the status date.

Worked example

A concrete input and expected output from the current implementation.

Input

BAC: $100,000
PV: $40,000
EV: $40,000
AC: $40,000

Expected output

CPI: 1.00; SPI: 1.00; EAC: $100,000; ETC: $60,000; VAC: $0

Both indices are 40,000 / 40,000 = 1.00. Common index-based forecast formulas therefore coincide at BAC; ETC is 100,000 - 40,000 = 60,000, and VAC is 100,000 - 100,000 = 0.

How the result is produced

1

Performance indices

At a chosen status date, planned value (PV) is the budgeted value of work scheduled, earned value (EV) is the budgeted value of work completed, and actual cost (AC) is what that work cost. The calculator forms CPI as EV divided by AC and SPI as EV divided by PV. Values below 1.00 indicate unfavorable cost or schedule performance, respectively.

2

Completion forecast and S-curve

Budget at completion (BAC) anchors the cost forecast. EAC is the forecast total cost, ETC is the remaining forecast cost, and VAC is BAC minus EAC. The S-curve compares cumulative PV, EV, and AC across reporting periods; separation between the series shows where planned progress, earned progress, and spending have diverged.

Good uses

  • Recompute CPI and SPI during a monthly project-control review using the current status date.
  • Estimate final cost and remaining forecast cost after a work package develops a cost or schedule variance.
  • Check whether the headline metrics in a contractor's earned value report reconcile with its BAC, PV, EV, and AC figures.

Limits and checks

  • PV, EV, and AC must cover the same work scope and reporting cutoff. PV, EV, and BAC must use the same baseline, while BAC represents the total budget through project completion. Mixing periods or work scopes makes the ratios misleading.
  • EV must come from an approved budget and a defined progress-measurement method. It is not the amount invoiced, received, or spent.
  • SPI describes earned progress against planned progress, not calendar delay or critical-path impact. It also tends toward 1.00 when all planned work is completed.

Common questions

Do CPI and SPI explain why the project is off plan?

No. CPI and SPI summarize performance through one status date; they do not identify the cause, show whether remaining work differs from completed work, or guarantee that past efficiency will continue. Use the S-curve and project records to investigate the variance, then select a forecast assumption appropriate to the remaining work.

Why can two EAC forecasts differ when the inputs are identical?

Several accepted EAC equations make different assumptions. One may assume current cost efficiency continues, another may include schedule efficiency, and another may treat the remaining budget as achievable at its original rate. If multiple forecasts are shown, compare their formulas and assumptions rather than treating one total as automatically definitive.

References and verification

The example and behavioral notes were checked against the browser implementation. Standards and primary references below define the relevant format, formula, or platform behavior.

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