Definitions of the fields are as below:
Earned Value Calculations
BAC: Baseline at Completion
BAC: (Sum of
all the assignment level Actual Cost values for the project) + ETC (Cost) at the time the baseline is recorded. This will include
future posted actual costs.
Baseline required: Yes
BCWS: Budgeted Cost of Work Scheduled
BCWS: Sum of the BAC through a point in time. That point in time is the Project As Of Date, if set, else the current system date.
Baseline required: Yes
BCWP: Budgeted Cost of Work Performed (a.k.a EV)
BCWP: Depends on the Earned Value Calculation Method
Baseline Required: Yes
Earned Value Calculation Method -
Task Level: BCWP = BAC * %CompleteProject Level: BCWP = Sum of [BCWP] for all Level 1 Tasks
If % Complete is 100, BCWP = BAC, else BCWP = 0
If % Complete is > 0 but < 100, BCWP = BAC / 2If % Complete = 100, BCWP = BACIf % Complete = 0, then BCWP = 0
BCWP = BCWS
- Weighted Milestones - use BCWP Override field – not calculated by Clarity
- Milestone Percent Complete (PC) - use BCWP Override field – not calculated by Clarity
- Apportioned Effort (AE) - use BCWP Override field – not calculated by Clarity
ACWP: Actual Cost of Work Performed
ACWP: Sum of the actuals on the project through a point in time. That point in time is the Project As Of Date, if set, else the current system date. If you have
future posted actuals, they will not be included in this calculation unless your As Of date is at or beyond the last date of posted actuals.
Baseline Required:
NoDetail Task Level: ACWP = Sum of all assignment Actual Cost values for the taskSummary Task: ACWP = Sum of ACWP for Child Tasks Project Level: ACWP = Sum of ACWP for all Level 1 Summary Tasks EAC: Estimate at Completion
EAC: Aggregated Total for the cost of all actuals over time
EAC = ACWP + [(BAC – BCWP) / CPI] where CPI = BCWP / ACWP
Baseline Required: Yes
EAC (T): Estimate at Completion (Cost of Total Effort)
EAC (T) = ACWP + ETC (Cost)
Baseline Required:
No EAC (AT): Estimate at Completion (Atypical)
EAC (AT) = ACWP + (BAC – BCWP)
Baseline Required: Yes
ETC (Cost): Cost of Estimate to Complete
ETC (Cost) = remaining labor cost (ETC * billing rate) + remaining non-labor cost
Baseline Required:
No ETC (AT): Atypical cost of Estimate to Complete
ETC (AT) = BAC – BCWP
Baseline Required: Yes
ETC (T): Typical cost of Estimate to Complete
ETC (T) = (BAC – BCWP) / CPI where CPI = BCWP / ACWP
Baseline Required: Yes
CV: Cost Variance
CV is the amount of what has been accomplished versus what has been spent
CV = BCWP – ACWP
Baseline Required: Yes
SV: Schedule Variance
SV is the amount of work performed versus what is scheduled to date
SV = BCWP - BCWS
Baseline Required: Yes
CPI: Cost Performance Index
CPI is the ratio of work performed to money spent
CPI = BCWP / ACWP
CPI >= 1 -> favorable – at or under budget
CPI < 1 -> unfavorable – over budget
Baseline Required: Yes
SPI: Schedule Performance Index
SPI is the ratio or work performed to work scheduled
SPI =BCWP / BCWS
SPI >= 1 -> favorable – ahead of schedule
SPI < 1 -> unfavorable – behind schedule
Baseline Required: Yes