Earned Value Performance Portlet of the Dashboards PageOverview Use this portlet to view both current and forecast earned value schedule variance (SV), cost variance (CV), or labor unit variance calculations. Data are calculated and displayed in either costs or labor units, depending on your preference. Negative values indicate unfavorable performance. Status indicators help you gauge whether a variance is within an acceptable range or whether you will need to take corrective action, based on the thresholds you define. Screen Elements To Date - Schedule (SV) field For costs, calculated as: Earned Value Cost minus Planned Value Cost. For labor units, calculated as: Earned Value Labor Units minus Planned Value Labor Units. To Date - Cost (CV) field Calculated as: Earned Value Cost minus Actual Cost. To Date - Labor Units (CV) field Calculated as: Earned Value Labor Units minus Actual Labor Units Forecast at Completion - Schedule field For costs, calculated as: Budget at Completion multiplied by Schedule Variance Index (SVI), where SVI equals SV divided by Planned Value Cost. For labor units, calculated as: Baseline (BL) Labor Units multiplied by SVI Labor Units, where SVI equals SV divided by Planned Value Labor Units. Forecast at Completion - Cost field Calculated as: Budget at Completion multiplied by Cost Variance Index (CVI), where CVI equals CV divided by Earned Value Cost. Forecast at Completion - Labor Units field Calculated as: Baseline (BL) Labor Units multiplied by Cost Variance Index (CVI) Labor Units, where CVI equals CV divided by Earned Value Labor Units. Tips
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