Activity Attributes – Earned Value

Planned Value (PV)

uuu_P6PVCost

The portion of the baseline total cost of the activity or project that is scheduled to be completed as of the project data date.

Earned Value (EV)

uuu_P6EVCost

The portion of the project baseline total cost of an activity or all activities in the project that are actually completed as of the project data date. Budget at completion is calculated from the project baseline. Calculated as Budget At Completion multiplied by Performance Percent Complete.

Estimate to Complete (ETC)

uuu_P6ETC

The estimated cost to complete the activity, WBS, or project. Calculated as Remaining Total Cost for the activity or the Performance Factor multiplied by (Budget At Completion minus Earned Value), depending on the Earned Value technique selected for the activity's WBS (calculated from the primary baseline). Budget at completion is calculated from the project baseline.

Schedule Performance Index (SPI)

uuu_P6SPIndex

A measure of the work accomplished as a percentage of the work scheduled. Schedule Performance Index indicates whether you are meeting earned and planned values within your schedule. A value less than 1 indicates that less work was performed than was scheduled. Calculated as Earned Value divided by Planned Value.

Cost Performance Index (CPI)

uuu_P6CPIndex

A measure of the value of work accomplished as a percentage of the actual costs. Cost Performance Index (CPI) indicates whether you have spent money over the budget to date. On the My Preferences page in P6, you can set performance thresholds for CPI calculated values to determine whether you need to take corrective action. Calculated as Earned Value Cost divided by Actual Cost. A value less than 1 indicates that the actual cost has exceeded the planned value.

Cost Schedule Index (CSI)

uuu_P6CSIndex

Product of Schedule Performance Index and Cost Schedule Index.

Schedule Variance

uuu_P6ScheduleVariance

The measure of schedule performance on a project. A negative value indicates that less work was actually performed than was scheduled. Calculated as Earned Value minus Planned Value.

Cost Variance

uuu_P6CostVariance

A measure of cost performance on an activity, WBS, or project. A negative value indicates that the actual cost has exceeded the planned value. Calculated as Earned Value minus Actual Cost.

To Complete Performance Index

uuu_P6TCPIndex

The ratio of the remaining work to the remaining funds. Calculated as (Budget at Completion minus Earned Value) divided by (Estimate at Completion minus Actual Units or Cost).

Estimate at Completion

uuu_P6EACCost

The expected total cost of a schedule activity, a work breakdown structure component, or the project when the defined scope of work will be completed. Calculated as Actual Cost plus Estimate to Complete Cost. The method for calculating estimate to complete depends on the earned value technique selected for the activity's WBS.

Budget at Completion

uuu_P6BAC

The planned total cost through activity or project completion. Calculated as Planned Labor Cost plus Planned Non-labor Cost plus Planned Expense Cost plus Planned Material Cost.

Variance at Completion

uuu_P6VAC

The difference between the baseline total cost and the current estimate of total cost. A negative value indicates an estimated cost overrun. Budget At Completion is calculated from the current baseline. Calculated as Budget At Completion minus Estimate At Completion.