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Earned Value Management or EVM is a systematic approach to analyze project status with respect to planned scope, planned schedule and planned cost. This is also referred to as Earned Value Analysis or EVA. Reference Timestamps 0:15 Basics: Earned Value, Planned Value, Cost Variance (CV) and Schedule Variance (SV) 4:30 Cost Performance Index (CPI) and Schedule Performance Index (SPI) 8:21 EVM Terms: BAC, ETC, EAC, VAC, PMP 12:22 Forecasting: Scenario 1 15:12 Forecasting: Scenario 2 18:29 Forecasting: Scenario 3 20:43 Forecasting: Scenario 4 22:45 TCPI: To Complete Performance Index 25:15 Solved Problem #1 27:51 Solved Problem #2 This lesson addresses the following What is Earned Value Technique? What is Value in Earned Value Management? What is Earned Value (EV), Planned Value (PV) and Actual Cost (AC)? What is Schedule Variance (SV)? What is Cost Variance (CV)? How to calculate schedule variance (SV)? How to calculate cost variance (CV)? What is the Cost Performance Index (CPI)? What is the Schedule Performance Index (SPI)? What is Performance Management Baseline (PMB)? What is Budget at Completion (BAC)? What is Estimate at Completion (EAC) and Estimate to Completion (ETC)? How to calculate Estimate at Completion (EAC) and Estimate to Completion (ETC)? Why do we have multiple forecasting techniques in EVM? What is TCPI or To Complete Performance Index? Earned Value Management Questions Earned Value Management Formulas Earned Value Management Problems Additional Lessons 1. Fixed Price Incentive Fee Contracts: • What is a Fixed Price Incentive Fee C... 2. Firm Fixed Price Contracts: • What is a Firm Fixed Price Contract? ... 3. Cost Plus Incentive Fee Contracts: • Cost Plus Incentive Fee Contracts (CP... 4. Time Value of Money: • What is Time Value of Money? | Presen... 5. NPV and IRR: • What is Net Present Value and Interna... 6. Benefit-Cost Ratio & ROI: • Benefit-Cost Ratio & Return-on-Invest... 7. Straight Line Depreciation: • What is Straight Line Depreciation Me... 8. Double Declining Balance Depreciation: • What is Double Declining Balance Meth... 9. Sum Of Years Digits Depreciation: • Sum Of Years Digits Depreciation: Con... All the best with your PMP exam!! [Schedule Variance] Schedule Variance and Cost Variance Schedule Variance in Project Management Schedule Variance Formula Schedule Variance Calculation Example Schedule Variance Example Schedule Variance Graph Schedule Variance Formula with Example [Cost Variance] Cost Variance Analysis Cost Variance Project Management Cost Variance Formula Cost Variance and Schedule Variance [Schedule Performance Index] Schedule Performance Index (SPI) Schedule Performance Index Calculator Schedule Performance Index PMP Schedule Performance Index Formula Cost Performance Index and Schedule Performance Index [Cost Performance Index] Cost Performance Index in Project Management Cost Performance Index Example Cost Performance Index Calculation [Budget At Completion] Budget At Completion Project Management Budget At Completion Example Budget At Completion Formula Budget At Completion PMP #SunnySensei #EarnedValueAnalysis #EVA #TCPI #PMP