Projects → Task Plan → Using Task Plan Tables → Earned Value - Schedule
The Earned Value - Schedule task plan table is used to view a collection of earned value data that is targeted at the task plan's schedule to help determine how the task plan is doing in terms of cost, actual progress and to help compare where the task plan currently is, as opposed to where the task plan should actually be.
Earned Value - Schedule Fields | Description |
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BCWP | Budgeted cost of work performed. The cumulative costs of planned work that has been actually completed, and then compared to the original estimates for that work. This is sometimes called earned value (EV). |
BCWS | Budgeted cost of work scheduled. The planned cost of total amount of work that has been scheduled. This is sometimes called planned value (PV). |
CSI |
Cost schedule index. The difference in value between the cost performance index and schedule performance index. The calculation for cost schedule index is as follows: CSI = CPI x SPI. Cost schedule index should be as close to 1 as possible. When the cost schedule index is not one, it is an indicator that the task plan is behind schedule and over budget. The farther away from 1, the farther behind and/or over budget the task plan is. |
Name | The name of a task (or a task plan). |
SPI | Schedule performance index. The difference in value between current progress and the expected progress. The calculation for schedule performance index is as follows: SPI = BCWP / BCWS. When the schedule performance index is less than 1, it is an indicator that the task plan is behind schedule. |
SV | Schedule variance. The difference in costs between current progress and expected progress. The calculation for schedule variance is as follows: SV = BCWP - BCWS. When the schedule variance is less than 0, it is an indicator that the task plan is behind schedule. |
SV Percent | Schedule variance percent. A percentage that shows how well the schedule is doing in relation to the cost of scheduled work. The calculation for schedule variance percent is as follows: SV% = (SV / BCWS) * 100. When the schedule variance percentage is greater than 1, it is an indicator that the task plan is behind schedule. |
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