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| Name | How to Calculate Earned Value in Project Management |
| Video Uploader | Video From Wrike |
| Upload Date | This Video Uploaded At 29-09-2022 19:00:31 |
| Video Discription | Are you interested in learning more about earned value in project management? This easy-to-understand video teaches the concept of earned value analysis in a way that’s clear and concise. You’ll learn how calculating earned value will allow you to see when you’re over budget or progressing too slowly, so you can make adjustments. Earned value analysis is a way for project managers to measure and monitor how much work has been completed compared to the project plan. Earned value calculations will help you quickly find out if your project is behind schedule or over budget. When you are able to calculate performance against a timeline and budget, you are much more likely to catch bottlenecks and potential budget challenges before they get out of control. We’ll go through several earned value formulas with examples, including: 1. Earned value (EV) 2. Schedule variance (SV) 3. Cost variance (CV) 4. Schedule performance index (SPI) 5. Cost performance index (CPI) These calculations will allow you to keep a close eye on progress throughout your project, saving you from making costly mistakes along the way. To get the earned value formulas mentioned in the video and to learn more about this topic, click the link to our project management guide: https://www.wrike.com/project-management-guide/faq/how-to-calculate-earned-value-in-project-management/ __________________ Subscribe to our channel and learn how to become a better project manager today: https://www.youtube.com/user/WrikeTeam __________________ Like us on Facebook: https://www.facebook.com/Wrike Follow us on Twitter: https://twitter.com/wrike Follow us on Instagram: https://www.instagram.com/wriketeam Ready to explore the most powerful work management platform? Start your free two-week trial of Wrike today: https://www.wrike.com/free-trial/ |
| Category | Science & Technology |
| Tags | project management value | calculate project management value | project management (PM) value | earned value | project management budget | schedule variance | cost variance | schedule performance index | cost performance index | wrike review | how to use wrike | pm software | work management | workflow automation | project tracking | productivity apps | collaboration tool | ai project management | time management apps | Asana | Monday | Clickup | Notion | Smartsheet | dashboards | gantt chart | kanban | scrum |
