Project Radar with Trendlines

BAC (Budget at Completion): The total budget originally allocated for the project. It represents the expected total cost to complete the project.

PV (Planned Value): The planned value of the work that should be completed by a certain point in the project schedule. This value indicates how much the work should have cost up to this point.

EV (Earned Value): The value of the work actually completed by a certain point in time. EV helps measure the actual progress of the project.

AC (Actual Cost): The actual costs incurred for the work completed by a certain point in time. AC is used to monitor the cost-efficiency of project execution.

EAC (Estimate at Completion): The estimated total cost of the project upon completion. Recommendation: Regularly review cost forecasts and adjust budgets as needed.

SV (Schedule Variance): The difference between Earned Value (EV) and Planned Value (PV). A positive value indicates that the project is ahead of schedule, while a negative value indicates delays.

CV (Cost Variance): The difference between Earned Value (EV) and Actual Cost (AC). A positive CV indicates that the project is under budget, while a negative CV indicates a budget overrun.

VAC (Variance at Completion): The difference between Budget at Completion (BAC) and Estimate at Completion (EAC). This metric shows whether the project is expected to finish under or over budget.

SPI (Schedule Performance Index): The ratio of Earned Value (EV) to Planned Value (PV). An SPI of 1 or higher indicates that the project is on or ahead of schedule, while a value below 1 indicates delays.

CPI (Cost Performance Index): The ratio of Earned Value (EV) to Actual Cost (AC). A CPI of 1 or higher suggests that the project is within or under budget, while a value below 1 indicates a cost overrun.