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Earned Value

Earned Value. Cost. £1,400,000. Forecast At Completion (FAC). It is about half way through the project. Today we were supposed to have completed exactly half the deliverables. In fact, we have only completed 40%

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Earned Value

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  1. Earned Value Cost £1,400,000 Forecast At Completion (FAC) It is about half way through the project. Today we were supposed to have completed exactly half the deliverables. In fact, we have only completed 40% We were supposed to have spent £525,000 by now, but we’ve spent £675,000 - so are we £150,000 over budget? £1,200,000 Budget At Completion (BAC) £1,000,000 £800,000 Actual Cost of Work Performed (ACWP) £600,000 Cost Variance (CV) Schedule Variance (SV) Budgeted Cost of Work Scheduled (BCWS) £400,000 Budgeted Cost of Work Performed (BCWP) Actual £200,000 Plan / Budget 0% 40% 50% 100% Work Packages / Deliverables Completed

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