Earned Value Performance Portlet of the Workspace PageOverview The Earned Value Performance portlet displays both current and forecast earned value schedule variance (SV), cost variance (CV), and labor unit variance calculations. 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 Legend Key to performance threshold indicators. Use these visual indicators to quickly scan values based on thresholds you define:
To Date area: Schedule field Calculated as: Earned Value Labor Units minus Planned Value Labor Units The variance percentage is calculated as: (Earned Value Labor Units minus Planned Value Labor Units) divided by Planned Value Labor Units. Labor Units field Calculated as: Earned Value Labor Units minus Actual Labor Units The variance percentage is calculated as: (Earned Value Labor Units minus Actual Labor Units) divided by Earned Value Labor Units. Forecast at Completion area: Schedule field Calculated as: Budget At Completion multiplied by Schedule Variance Index Where Schedule Variance Index equals Schedule Variance divided by Planned Value Labor Units The variance percentage is calculated as: (Budget At Completion multiplied by Schedule Variance Index) divided by Budget At Completion. Labor Units field Calculated as: BAC Labor Units multiplied by Cost Variance Index Where CVI equals CV divided by Earned Value Labor Units The variance percentage is calculated as: (BAC Labor Units multiplied by CVI) divided by BAC Labor Units. Tips
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