EVM Formulas
Earned Value management is a performance management technique that helps project professionals measure a project’s performance and progress, against cost and schedule.
As a scheduler, calculating Earned Value allows you to track the project plan progress, actual work, and the value of completed work. As a project manager, EVM additionally provides you with the ability to compare how much work has been completed against how much work you expected to be completed at a given point in time.
In this document, you can find the formulas needed to implement earned value across your project.