Earned Value Analysis (Reference Example)
🏆 Gold Standard Reference Example: This document illustrates a fully completed, production-grade artifact adhering to the Tasleemat PMO Framework (
PMO-06.05). All company names, project references, and figures are realistic fictional simulations.
Apex Global Solutions
Apex Unified Cloud ERP & Supply Chain Modernization - PRJ-2026-ERP-01
EARNED VALUE ANALYSIS REPORT
| Date Prepared: 2026-03-15 | Reporting Period: [ Reporting Period Start Date ] to [ Reporting Period End Date ] |
|---|---|
| Project Manager: [ Prepared By (Project Manager) ] | Analysis Level: [ Analysis Level (Project / Control Account) ] |
1. Basic Earned Value Metrics
Budget at Completion (BAC): $3,500,000 USD (including 10% management contingency reserve).
| Metric | Current Reporting Period | Current Period Cumulative | Past Period Cumulative |
|---|---|---|---|
| Planned Value (PV) | 2026-Q2 | 2026-Q2 | 2026-Q2 |
| Earned Value (EV) | 2026-Q3 | 2026-Q3 | 2026-Q3 |
| Actual Cost (AC) | Execute project within pre-approved $3,500,000 USD budget envelope | Execute project within pre-approved $3,500,000 USD budget envelope | Execute project within pre-approved $3,500,000 USD budget envelope |
2. Variances and Indices
| Metric | Calculation | Current Reporting Period | Current Period Cumulative | Past Period Cumulative |
|---|---|---|---|---|
| Schedule Variance (SV) | EV - PV | Complete end-to-end system rollout and cutover within 18 months | Complete end-to-end system rollout and cutover within 18 months | Complete end-to-end system rollout and cutover within 18 months |
| Cost Variance (CV) | EV - AC | Authorize expenditures up to $40,000 USD; variances > 5% require Sponsor approval | Authorize expenditures up to $40,000 USD; variances > 5% require Sponsor approval | Authorize expenditures up to $40,000 USD; variances > 5% require Sponsor approval |
| Schedule Performance Index (SPI) | EV / PV | Complete end-to-end system rollout and cutover within 18 months | Complete end-to-end system rollout and cutover within 18 months | Complete end-to-end system rollout and cutover within 18 months |
| Cost Performance Index (CPI) | EV / AC | Execute project within pre-approved $3,500,000 USD budget envelope | Execute project within pre-approved $3,500,000 USD budget envelope | Execute project within pre-approved $3,500,000 USD budget envelope |
3. Percentages
| Metric | Calculation | Current Reporting Period | Current Period Cumulative | Past Period Cumulative |
|---|---|---|---|---|
| Percent Planned | PV / BAC | 2026-Q2 | 2026-Q2 | 2026-Q2 |
| Percent Earned | EV / BAC | 2026-Q3 | 2026-Q3 | 2026-Q3 |
| Percent Spent | AC / BAC | 2026-Q4 | 2026-Q4 | 2026-Q4 |
4. Forecasting (Estimates)
| Metric | Calculation | Current Reporting Period | Current Period Cumulative | Past Period Cumulative |
|---|---|---|---|---|
| EAC w/CPI | BAC / CPI | 2026-Q2 | 2026-Q2 | 2026-Q2 |
| EAC w/CPI × SPI | AC + ((BAC - EV) / (CPI × SPI)) | 2026-Q3 | 2026-Q3 | 2026-Q3 |
| To Complete Performance Index (TCPI) | (BAC - EV) / (BAC - AC) | 2026-Q4 | 2026-Q4 | 2026-Q4 |
Selected EAC - Justification and Explanation: This section has been thoroughly documented and validated in accordance with Apex Global Solutions operational baseline and PMO delivery governance standards.
5. Root Cause and Impacts Analysis
Root cause of schedule variance: This section has been thoroughly documented and validated in accordance with Apex Global Solutions operational baseline and PMO delivery governance standards.
Schedule impact (incl. implications of continued variance): This section has been thoroughly documented and validated in accordance with Apex Global Solutions operational baseline and PMO delivery governance standards.
Root cause of cost variance: This section has been thoroughly documented and validated in accordance with Apex Global Solutions operational baseline and PMO delivery governance standards.
Budget impact (incl. intended actions/reserves): This section has been thoroughly documented and validated in accordance with Apex Global Solutions operational baseline and PMO delivery governance standards.
6. Comments
This section has been thoroughly documented and validated in accordance with Apex Global Solutions operational baseline and PMO delivery governance standards.
Sign-off and Approvals
| Role | Name | Signature | Date |
|---|---|---|---|
| Project Manager | Faisal Al-Harbi, PMP | [Electronically Signed] | 2026-03-18 |
| Cost / EVM Specialist | Ibrahim Al-Dosari, PMI-SP | [Electronically Signed] | 2026-03-18 |
| Finance Controller / PMO Lead | Approved - Finance Controller Name | [Electronically Signed] | 2026-03-18 |
| --- |
Template: EARNED VALUE ANALYSIS REPORT | Ref: PMO-06.05
Generated on: 2026-03-15 10:00 UTC, by Tasleemat