Earned Value Analysis: Worked Example

[@StefanoVerugi]

Outstanding explanation, in less than 12 minutes this video clearly explains a concept often cause of headache and frustrations to those who try to grasp it. Most grateful.

[@JeffB-ry7pp]

You have a gift for explaining complex concepts in a simple, easy-to-understand manner. Thanks!

[@eh8092]

very good. This was very straight forward and easy to understand.

[@z_vast4960]

Okay. This was a VERY good example. I am not the type to leave public comments tho, but this is really good. Looking at the title of the video, my expectations rose and you met it. Good job.

[@DPA2462]

This was the most comprehensive video explaining the information I needed. Your tempo was at a good speed not too slow not too fast and the flow was perfect. Thank you.

[@svedanth]

Simple but great explanation on EVA. Recommend this to every PM as a primer.

[@larakirwan9297]

Awesome explanation for my math-weary brain. Thank you!

[@efosaodiase501]

You are heaven-sent!!! Thank you.

[@TacticalProjectManager]

Glad I could help!

[@charlesopikkwot7247]

I love it because it becomes the easiest way to learn about earned value management.

[@madshopper763]

Excellent video with a real live example - I think I actually have it now, thanks so much :)

[@grigorekushnir]

Watched this video while doing my exam, made everything super clear!

[@aperson2020]

Excellent video. I was wondering if it would be good to formulate the PV into the tables as well. It would complicate the structure though.

[@lithapelomosuoe3962]

Very helpful crash course, literally minutes before my CAPM exam. Easy to grasp thanks.

[@TacticalProjectManager]

Hey ... good to hear! I'm sure you crushed the CAPM exam

[@bixby5690]

short and crisp way of revising EVM concept.. cheers!

[@caseyculpepper4422]

This was a wonderful illustration of EVA. It helped me during one of my PM courses. The visual aids that you provided really added value as well. Thanks you sir!

[@milner267]

A great example. Thank you so much for sharing.

[@agamingff1181]

Very well explained. Thanks

[@maheshkamthe]

One of the best one on EVM for such a short duration and simplicity.

[@cvijaykumarreddy]

This was a wonderful illustration of EVA.

[@ronaldbrown1766]

Very well put together and explain. Thank you. Here is another Thumbs-up.

[@amerkhan7006]

Excellent video on EVM.

[@dindody389]

Great way to refresh my EVA! Very helpful indeed, very simple and direct explanation. Can be applied to Program Management

[@Seko934]

Amazing! Thank you so much. Showing this to my students

[@brianalfandi8271]

this video very helpfull to simplify understanding process of EVA..good

[@joeysaavedra56]

Well explained and easy to understand!

[@aschedi]

Life saving video.Thank you

[@TacticalProjectManager]

Hey, thanks for the nice comment.

[@teshomekebede7403]

Outstanding explanation. Thanks!

[@carolgreaves]

Amazingly easy to understand. Thank you!!. You are wonderful!

[@TacticalProjectManager]

Thank you Carol. I give the compliment back to you, my followers.

[@lanacahe]

Amazing. Clear as heck

[@CosiderCana]

Good job, very useful

[@BruceWilliams-mt9xt]

Very concise. Thank you.

[@messaghkavilla4954]

excellent work, however, I'm still not sure how you got 1500 on Create Design #2,when per day is 600 and 2days 100% completed = 1200?

[@joshuadcryer]

Excellent video!

[@gregsimard-ol1hr]

Thank you, this was a good and helpful video.

[@TacticalProjectManager]

Thanks for commenting Greg! Really appreciate it.

[@horlansiren9607]

Thanks Sir, this video was really helpful and easy to understand

[@NasdaqInvestors]

Great video. Thanks

[@Frosty__GT11]

I don’t get the point of the schedule answer; behind 900, what does that mean in time? I can’t say the schedule will be late 900. How late will the project be (based on the example, how many days late? )?How much over budget of the delays continue? I know how much we are over budget today, but what is the projected end cost?

[@rodrigomencos4615]

Quite well explained. Thanks for sharing this video. Very helpful.

[@TacticalProjectManager]

Thank you Rodrigo! Glad you found the video helpful!

[@JudgeHolden13]

This is reallly good!

[@TacticalProjectManager]

Happy to help!

[@Fzegeye]

Great job

[@abiolaibrahim891]

Excellent work!

[@namjoonsmoonchild1225]

Thank you so much for the simple explanation.

[@cynthiamcculley285]

This was great! Thank you!

[@moutasemabdulrahman1194]

What will be the case for BCWS if activity 3 was completed beyond week 8

[@HassanAhmed-nc7kc]

Thank you ❤

[@mirror1023]

I’m the 2000th subscriber!

[@tgnupe2]

Does this mean we are over budget by $1200 and almost a day behind schedule?

[@desmondonotafe213]

Great explanation

[@enokouchristian8021]

Very helpful. Thanks very much

[@amosolalekanadebayo5615]

Thank you so sir this is helpful

[@MsYagiz]

very clear explanation, thank you!

[@josiazeb3876]

Very good sir

[@jutiarhasan]

Wonderful illustration, did the table make by MS Excel?

[@TacticalProjectManager]

Hi Jutiar, I built these slides in PowerPoint 😃

[@jutiarhasan]

@@TacticalProjectManager Nice👏🤔

[@Zaperlott]

thank you, really very helpful

[@ashu2502]

Thank you 👍👍👍

[@francesguingon5809]

please explain again why we get AC of 50% on activity C?

[@horlansiren9607]

50% is the actual percent of work completed on activity c on ground which is less than the percent of work as per schedule.

[@ProfessorJoaoArantes]

Thank you for your wonderful explanation. However, maybe there is a small error. The EV for Build Product activity should be calculated based on the 3 days (900*3*0.5= 1350), not the four days (900*4*0.5= 1800). The same error appears on EV for Test and Refine, that should be 1*700*0.25 = 175 instead of 700(4*700*0.25=700). Thank you so much for the example your created. If you do these corrections, the final numbers are sv= -1875, spi =0.73, cpi =0.7 and cv =-2175. I hope it helps. Please also check the name of activity on table EVA Metrics, it should be Build Machine instead of Build Product. All my best and thanks again

[@sourod]

The earned value calculated is correct in the video. The Planned total cost for Build Product is 3600. And, at the current timeline, the completion is 50%. Hence it is simply (50% * 3600 = 1800). Earned Value is not based on how many days has been worked. Simply put, it is the value of the work completed based on initial budget.

[@eleayeproctor9490]

Did you mean Planned value as this indeed, should be 50% x 2 days.

[@sampathpriyajanakawattege386]

Excellent....

[@yugendermalikanti9020]

Very interesting

[@pavel_kkkkkk]

Cool video thanx!

[@chisomokafor401]

Thank you this was very helpful

[@EDG1965]

Perfect! TY

[@prasathramalingam1173]

You cracked it :)

[@thachns]

Thank for useful video

[@aclaroda3460]

Hi is there a link to that spreadsheet?

[@Love-peace-Happiness]

Excellent

[@nirvairkhanuja8542]

Super Stuff❤

[@earlybirdcatchestheworm8598]

Great,thanks

[@sarazgenetic9549]

Really useful

[@vev1989]

dude, what about BAC, EAC, TCTO, PLS EXPLAIN

[@vinny111000]

Perfect!

[@zeidounmeksi9799]

good example

[@vishwaninadee8769]

👍👍👍👍👍

[@relatedsounds7483]

I can see the light

[@vulanimushwana555]

activity 3 IS AT 75%

[@sarazgenetic9549]

I guess you are German 😊from your accent

[@pavandeepn]

Thank you🙏. Great explanation.