PMBOK Guide Accelerator Management Views › PMBOK Guide Executive Dashboard › Project Variance and Performance Portlet

Project Variance and Performance Portlet

You can view the project variance and performance data of all active PMBOK Guide projects within your organization using the project variance and performance portlet. The list displays the projects you have access to. The portlet displays on the project variance and performance page.

The following fields appear on this portlet:

Project

Displays the name of the project to which this document is associated. Click the project name to open the project.

Project Manager

Displays the name of the resource managing the project associated with this document. Click the project manager name to open the resource properties page. The value for this field is based on the Manager field on the project properties page.

Baseline Start

Displays the planned date of starting that the project based on the current baseline. The value for this field is derived from the baseline revision properties page.

Baseline End

Displays the planned date of completing the project based on the current baseline. The value for the field is derived from the Baseline Finish field on the baseline revision properties page.

EAC

Displays the system-calculated value of estimate at completion (EAC), which is the total cost of all actual work completed to date plus the predicted cost finishing the remaining work, based on the following formula:

EAC = AC + ETC

BAC

Displays the total planned value for the project, which is also known as the Planned Value (PV). The Budget at Completion (BAC) is the authorized budget assigned to the work yet to start for a project or work breakdown structure component. This value is system-calculated.

Actual Cost

Displays the actual cost (AC) at the task level, which is the total cost incurred and recorded in performing the project work, or work breakdown structure component. The actual cost is the total cost incurred in performing the work that the EV measured.

Planned Value

Displays the planned value (PV) is a system-calculated value representing the Budgeted Cost of Scheduled Work (BCWS). PV is the authorized budget assigned to the project work not started, or a work breakdown structure component. The total planned value for the project is also known as Budget At Completion (BAC).

PV is calculated based on the following formula:

Planned Value (PV) = Sum of BAC through a point in time

Earned Value

Displays the earned value (EV) is system-calculated and represents the Budgeted Cost of Work Performed (BCWP). EV is the value indicated in the the approved budget for project work performed, or work breakdown structure component.

EV is calculated using the following formula:

Earned Value (EV) = Budget At Completion (BAC) for a task x % Complete

Cost Variance

Displays the cost variance (CV), which is the value of work accomplished as against the amount spent to date.

CV is calculated using the following formula:

Cost Variance (CV) = Earned Value (EV) - Actual Cost (AC)

Schedule Performance Index

Displays the system-calculated value of the schedule performance index (SPI). The value represents the ratio of work performed to work scheduled.

SPI is based on the following formula:

Schedule Performance Index (SPI) = Earned Value / Planned Value

Note: A value less than one indicates the work is behind schedule.

Cost Performance Index

Displays the system-calculated value of Cost Performance Index (CPI), which is an efficiency rating for work accomplished.

CPI is based on the following formula:

Cost Performance Index (CPI) = Earned Value / Actual Costs

Note: A value greater than one indicates the costs are running over budget.