EVM & Project Management Blog
Latest articles, guides, and tutorials on Earned Value Management, PMBOK formulas, and PMP exam preparation.
What is Budget at Completion (BAC)?
What is Budget at Completion (BAC)? Learn the PMBOK definition, how to calculate BAC, estimation techniques, and how it differs from EAC and VAC.
Earned Value Management Formulas
Master all Earned Value Management formulas: CPI, SPI, all 4 EAC formulas, two worked examples and a formula derivation walkthrough. PMBOK 6th Ed. aligned.
CPI vs SPI Explained: Cost vs Schedule Performance in EVM
Understand the difference between CPI and SPI in Earned Value Management. Learn formulas, interpretation rules, real examples, and when each index matters most.
How to Calculate EAC (Estimate at Completion)
Learn how to calculate EAC in project management using all 4 PMBOK formulas. Includes when to use each method, worked examples, and a decision guide.
PMP Earned Value Cheat Sheet
The ultimate PMP Earned Value cheat sheet. All 15 EVM formulas, memory tricks, interpretation guide. Free to print. PMBOK 6th Ed. aligned.
What Is Earned Value Management (EVM)?
Learn what Earned Value Management (EVM) is, how it works, why it matters, and how project managers use it to control budgets and schedules. PMBOK-aligned guide.
EVM for Construction Projects: A Practical Guide
How to apply Earned Value Management to construction projects. Learn how to measure physical percent complete, set up cost-loaded schedules, and interpret CPI/SPI on-site.
EVM for IT and Software Projects
How to apply Earned Value Management to IT and software development projects. Covers story points, sprint velocity, hybrid agile-EVM approaches, and key metrics.
How to Calculate TCPI (To-Complete Performance Index)
Learn what TCPI means, how to calculate it, and how to interpret the results. Includes the two TCPI formulas (BAC and EAC), worked examples, and when TCPI signals trouble.
EVM Glossary of Terms: Complete Reference Guide
The complete EVM glossary covering all Earned Value Management terms, abbreviations, and definitions. From BAC to TCPI — PMBOK-aligned definitions for every EVM metric.
Cost Variance Analysis in Project Management
Understand cost variance (CV) in project management. Learn the formula, how to interpret positive and negative CV, root cause analysis techniques, and corrective actions.
Project Budget Baseline Guide
Learn how to establish and maintain a project budget baseline. Covers cost baseline vs. budget at completion, change control, baseline revision processes, and best practices.
Budget at Completion Formula (BAC Formula)
What is the Budget at Completion (BAC) formula? Learn how to calculate BAC using 5 estimation methods, with worked examples and a free bottom-up BAC builder tool.
Budget at Completion vs Estimate at Completion (BAC vs EAC)
Budget at Completion vs Estimate at Completion: what's the difference? BAC is fixed. EAC changes. Learn exactly when they diverge, why it matters, and how to use both.
How to Calculate Budget at Completion
Learn how to calculate budget at completion (BAC) step by step. Bottom-up formula, 5 estimation methods, worked construction example, and free BAC calculator tool.
What is Cost Performance Index (CPI)?
What is the Cost Performance Index (CPI)? CPI = EV ÷ AC. Learn the formula, what good/bad CPI means, worked examples, and how to use CPI to forecast project cost.