EVCalculator 2.0

EVCalculator is a comprehensive tool designed for project management reviews, specifically tailored to evaluate the performance of complex projects utilizing the earned value management methodology. By inputting standard earned value data such as BCWS, BCWP, ACWP, BAC, and EAC into EVCalculator, users can efficiently generate a color-coded table that displays all essential variances, indices, and forecasts required for project assessment. This feature facilitates the rapid identification of any anomalies that may exceed predefined thresholds.

The tool utilizes a sophisticated rules-based engine to process these metrics, providing users with a clear and concise analysis that focuses on: 1) performance metrics up to the current date; 2) disparities between current performance and projected outcomes; and 3) any irregularities in the data, such as cases where ACWP exceeds EAC.

Key metrics generated by EVCalculator include:

• % Scheduled
• % Complete
• % Spent
• Cost Variance (CV)
• Cost Variance % (CV %)
• Cost Performance Index (CPI)
• Schedule Variance (SV)
• Schedule Variance % (SV %)
• Schedule Performance Index (SPI)
• Variance at Completion (VAC)
• Variance at Completion % (VAC %)
• To Complete Performance Index to Budget (TCPI-BAC)
• To Complete Performance Index to Estimate to Completion (TCPI-EAC)
• CPI Forecast at Completion
• CPI*SPI Forecast at Completion
• Weighted CPI + SPI Forecast at Completion
• Performance Factor Forecast at Completion

This software offering is fully compatible with both iPhone and iPad platforms and operates seamlessly without the need for an internet connection post-installation.