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Video tutorial

Earned Value Management Basics

A silent, step-by-step introduction to earned value: PV, EV, AC, variances, SPI, CPI and forecasting with an illustrative example.

Free

Free 2-minute video lesson. A silent, step-by-step introduction to earned value: PV, EV, AC, variances, SPI, CPI and forecasting with an illustrative example. Short, visual and to the point, so you can watch it between meetings and apply it the same day.

Earned Value Management tells you whether a project is ahead or behind and over or under budget, using one consistent method. This silent video introduces the three core measures (planned value, earned value and actual cost), the schedule and cost variances, and the SPI and CPI indices. An illustrative worked example shows the math step by step, followed by a simple estimate at completion formula and tips for using EVM in real status reports. Useful for PMP candidates, project managers and PMO analysts.

What you'll learn

  • Why earned value?
  • Three core measures
  • Two variances
  • Two indices
  • Illustrative example: setup
  • Work it out
  • Forecast the finish
  • Other useful forecasts
  • Use EVM on your project
  • Practical tips
  • Key takeaway

Who it's for

Project and program managers, PMP candidates, PMOs and delivery leads.

Go deeper

Pair this lesson with the related free e-books and templates in the resource library, and read the latest practical articles on the blog.

Let's connect

I'm Pranshu Shubham, a Microsoft Dynamics 365 F&O Solution Architect and PMP-certified program lead with 8+ years of ERP and AI transformation across the USA, Europe and APAC. I created this resource from real project experience, and I'd love to hear how you use it.