The Earned Value calculations are studied and memorized by all project managers. SPI measures progress achieved against progress planned. It is most common to report Earned Value monthly, but this could be more. Earned Value Management (EVM) and S-Curve Reports explained - 1-Page printable reference guide. reduces project risk and provides better forecasting, progress tracking and project visibility. Month 2 / 4 Activities Completed / 1.15 MM. Earned value management (EVM or Earned value project/performance management (EVPM ). If now 6 months after the start of the project a Project Manager would report that he has spent 50 of the budget, one can initially think, that the. Earned value may be accumulated monthly, weekly, or as progress is made. Use earned value with baselines to track the progress of your schedule. is budgeted for each home, which means you plan to spend 1,000 per month on the entire project. You ask your account for a report after 2 months have passed.
Earned value, and Earned Value Analysis ( EVA thus provides progress. The Analysis and Management Reports section below illustrates using the EVM. The resource loaded schedule is the basis for the monthly budget, or BCWS ).