Earned Value Management

Earned Value Management

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Earned Value Management

Spire utilizes earned value management systems to critique and measure a contractor’s forward progress. With earned value management in place, Spire can assist any owner or contractor in monitoring cost and schedule performance to identify whether a project is behind/ahead of schedule and under/over budget. EVM services can also compliment Spire CPM scheduling services to ensure that the budget and the project schedule are monitored for any discrepancies.

We assist our clients in developing, monitoring and measuring the following cost and schedule parameters:

earned value measurements

  • Budgeted Cost of Work Scheduled (BCWS)
  • Budgeted Cost of Work Performed (BCWP)
  • Actual Cost of Work Performed (ACWP)
  • Cost Variance (CV)
  • Schedule Variance (SV)
  • Cost Performance Index (CPI)
  • Schedule Performance Index (SPI)

To learn more about our EVM services call or reach us online by clicking here.