Earned Value Analysis: Worked Example

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  • Опубліковано 4 лис 2024

КОМЕНТАРІ • 86

  • @svedanth
    @svedanth 12 днів тому

    Simple but great explanation on EVA. Recommend this to every PM as a primer.

  • @StefanoVerugi
    @StefanoVerugi Рік тому +11

    Outstanding explanation, in less than 12 minutes this video clearly explains a concept often cause of headache and frustrations to those who try to grasp it. Most grateful.

  • @z_vast4960
    @z_vast4960 2 роки тому +11

    Okay. This was a VERY good example. I am not the type to leave public comments tho, but this is really good. Looking at the title of the video, my expectations rose and you met it. Good job.

  • @DPA2462
    @DPA2462 3 роки тому +10

    This was the most comprehensive video explaining the information I needed. Your tempo was at a good speed not too slow not too fast and the flow was perfect. Thank you.

  • @eh8092
    @eh8092 11 місяців тому +4

    very good. This was very straight forward and easy to understand.

  • @lithapelomosuoe3962
    @lithapelomosuoe3962 3 місяці тому

    Very helpful crash course, literally minutes before my CAPM exam. Easy to grasp thanks.

  • @charlesopikkwot7247
    @charlesopikkwot7247 Рік тому

    I love it because it becomes the easiest way to learn about earned value management.

  • @bixby5690
    @bixby5690 9 місяців тому

    short and crisp way of revising EVM concept.. cheers!

  • @larakirwan9297
    @larakirwan9297 11 місяців тому +1

    Awesome explanation for my math-weary brain. Thank you!

  • @grigorekushnir
    @grigorekushnir Рік тому

    Watched this video while doing my exam, made everything super clear!

  • @caseyculpepper4422
    @caseyculpepper4422 3 роки тому +3

    This was a wonderful illustration of EVA. It helped me during one of my PM courses. The visual aids that you provided really added value as well. Thanks you sir!

  • @efosaodiase501
    @efosaodiase501 6 місяців тому +3

    You are heaven-sent!!!
    Thank you.

  • @madshopper763
    @madshopper763 Рік тому +1

    Excellent video with a real live example - I think I actually have it now, thanks so much :)

  • @maheshkamthe
    @maheshkamthe 2 роки тому

    One of the best one on EVM for such a short duration and simplicity.

  • @cvijaykumarreddy
    @cvijaykumarreddy Рік тому

    This was a wonderful illustration of EVA.

  • @AschalewTenna
    @AschalewTenna Місяць тому

    Life saving video.Thank you

  • @milner267
    @milner267 Рік тому

    A great example. Thank you so much for sharing.

  • @amerkhan7006
    @amerkhan7006 Рік тому +1

    Excellent video on EVM.

  • @brianalfandi8271
    @brianalfandi8271 2 роки тому

    this video very helpfull to simplify understanding process of EVA..good

  • @CosiderCana
    @CosiderCana Місяць тому

    Good job, very useful

  • @ronaldbrown1766
    @ronaldbrown1766 Рік тому

    Very well put together and explain. Thank you. Here is another Thumbs-up.

  • @dindody389
    @dindody389 3 роки тому +1

    Great way to refresh my EVA! Very helpful indeed, very simple and direct explanation. Can be applied to Program Management

  • @messaghkavilla4954
    @messaghkavilla4954 12 днів тому

    excellent work, however, I'm still not sure how you got 1500 on Create Design #2,when per day is 600 and 2days 100% completed = 1200?

  • @Seko934
    @Seko934 Рік тому

    Amazing! Thank you so much. Showing this to my students

  • @joeysaavedra56
    @joeysaavedra56 Рік тому

    Well explained and easy to understand!

  • @teshomekebede7403
    @teshomekebede7403 9 місяців тому

    Outstanding explanation. Thanks!

  • @carolgreaves
    @carolgreaves 3 роки тому

    Amazingly easy to understand. Thank you!!. You are wonderful!

  • @horlansiren9607
    @horlansiren9607 3 роки тому +1

    Thanks Sir, this video was really helpful and easy to understand

  • @NasdaqInvestors
    @NasdaqInvestors 3 місяці тому

    Great video. Thanks

  • @namjoonsmoonchild1225
    @namjoonsmoonchild1225 3 роки тому

    Thank you so much for the simple explanation.

  • @joshuadcryer
    @joshuadcryer 3 роки тому +1

    Excellent video!

  • @rodrigomencos4615
    @rodrigomencos4615 3 роки тому

    Quite well explained. Thanks for sharing this video. Very helpful.

  • @yugendermalikanti9020
    @yugendermalikanti9020 2 місяці тому

    Very interesting

  • @gregsimard-ol1hr
    @gregsimard-ol1hr 3 місяці тому

    Thank you, this was a good and helpful video.

  • @BruceWilliams-mt9xt
    @BruceWilliams-mt9xt Рік тому

    Very concise. Thank you.

  • @abiolaibrahim891
    @abiolaibrahim891 Рік тому

    Excellent work!

  • @HassanAhmed-nc7kc
    @HassanAhmed-nc7kc 23 дні тому

    Thank you ❤

  • @ProfessorJoaoArantes
    @ProfessorJoaoArantes 3 роки тому +1

    Thank you for your wonderful explanation. However, maybe there is a small error. The EV for Build Product activity should be calculated based on the 3 days (900*3*0.5= 1350), not the four days (900*4*0.5= 1800). The same error appears on EV for Test and Refine, that should be 1*700*0.25 = 175 instead of 700(4*700*0.25=700). Thank you so much for the example your created. If you do these corrections, the final numbers are sv= -1875, spi =0.73, cpi =0.7 and cv =-2175. I hope it helps. Please also check the name of activity on table EVA Metrics, it should be Build Machine instead of Build Product. All my best and thanks again

    • @sourod
      @sourod 2 роки тому +2

      The earned value calculated is correct in the video. The Planned total cost for Build Product is 3600. And, at the current timeline, the completion is 50%. Hence it is simply (50% * 3600 = 1800). Earned Value is not based on how many days has been worked. Simply put, it is the value of the work completed based on initial budget.

    • @eleayeproctor9490
      @eleayeproctor9490 2 роки тому

      Did you mean Planned value as this indeed, should be 50% x 2 days.

  • @lanacahe
    @lanacahe Рік тому

    Amazing. Clear as heck

  • @desmondonotafe213
    @desmondonotafe213 8 місяців тому

    Great explanation

  • @jutiarhasan
    @jutiarhasan 2 роки тому +1

    Wonderful illustration, did the table make by MS Excel?

  • @josiazeb3876
    @josiazeb3876 Рік тому +1

    Very good sir

  • @sampathpriyajanakawattege386

    Excellent....

  • @Frosty__GT11
    @Frosty__GT11 Рік тому

    I don’t get the point of the schedule answer; behind 900, what does that mean in time? I can’t say the schedule will be late 900. How late will the project be (based on the example, how many days late? )?How much over budget of the delays continue? I know how much we are over budget today, but what is the projected end cost?

  • @JudgeHolden13
    @JudgeHolden13 7 місяців тому

    This is reallly good!

  • @Love-peace-Happiness
    @Love-peace-Happiness Рік тому

    Excellent

  • @cynthiamcculley285
    @cynthiamcculley285 11 місяців тому

    This was great! Thank you!

  • @moutasemabdulrahman1194
    @moutasemabdulrahman1194 Рік тому

    What will be the case for BCWS if activity 3 was completed beyond week 8

  • @MsYagiz
    @MsYagiz 3 роки тому

    very clear explanation, thank you!

  • @enokouchristian8021
    @enokouchristian8021 2 роки тому

    Very helpful. Thanks very much

  • @tgnupe2
    @tgnupe2 7 місяців тому

    Does this mean we are over budget by $1200 and almost a day behind schedule?

  • @zeidounmeksi9799
    @zeidounmeksi9799 Рік тому

    good example

  • @ashu2502
    @ashu2502 Рік тому

    Thank you 👍👍👍

  • @amosolalekanadebayo5615
    @amosolalekanadebayo5615 3 роки тому +1

    Thank you so sir this is helpful

  • @earlybirdcatchestheworm8598

    Great,thanks

  • @Zaperlott
    @Zaperlott Рік тому

    thank you, really very helpful

  • @mirror1023
    @mirror1023 Рік тому

    I’m the 2000th subscriber!

  • @nirvairkhanuja8542
    @nirvairkhanuja8542 Рік тому

    Super Stuff❤

  • @thachns
    @thachns 2 роки тому

    Thank for useful video

  • @EDG1965
    @EDG1965 4 місяці тому

    Perfect! TY

  • @pavel_kkkkkk
    @pavel_kkkkkk 3 роки тому +1

    Cool video thanx!

  • @sarazgenetic9549
    @sarazgenetic9549 2 роки тому

    Really useful

  • @francesguingon5809
    @francesguingon5809 3 роки тому +2

    please explain again why we get AC of 50% on activity C?

    • @horlansiren9607
      @horlansiren9607 3 роки тому +3

      50% is the actual percent of work completed on activity c on ground which is less than the percent of work as per schedule.

  • @prasathramalingam1173
    @prasathramalingam1173 3 роки тому +1

    You cracked it :)

  • @chisomokafor401
    @chisomokafor401 3 роки тому

    Thank you this was very helpful

  • @vinny111000
    @vinny111000 4 місяці тому

    Perfect!

  • @vev1989
    @vev1989 11 місяців тому

    dude, what about BAC, EAC, TCTO, PLS EXPLAIN

  • @aclaroda3460
    @aclaroda3460 3 роки тому

    Hi is there a link to that spreadsheet?

  • @relatedsounds7483
    @relatedsounds7483 2 роки тому +1

    I can see the light

  • @vulanimushwana555
    @vulanimushwana555 20 днів тому

    activity 3 IS AT 75%

  • @vishwaninadee8769
    @vishwaninadee8769 10 місяців тому

    👍👍👍👍👍

  • @sarazgenetic9549
    @sarazgenetic9549 2 роки тому

    I guess you are German 😊from your accent

  • @pavandeepn
    @pavandeepn Рік тому

    Thank you🙏. Great explanation.