Reply: Earned Value and Estimate to Complete in Months.

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Topic History of : Earned Value and Estimate to Complete in Months.

Max. showing the last 6 posts - (Last post first)
9 years 5 months ago #2120

Tarek Al-Fahham

Tarek Al-Fahham's Avatar

Ref. to this article (which was referenced in one of the emails from PM PrepCast):

www.projectsmart.co.uk/earned-value-management-explained.html

I learned that:

SP = EV - PV

will give the unit result in Months, but I am not convinced. See the Problem and solution mentioned in the article.

Also, I learned that to calculate the Estimate Months to Completes I use this formula:

Estimate Months to Complete = (BAC - EV) / SPI

Or,

Total Months taking the variance into consideration

New Estimate Total in Months = Original Planned Months / SPI

There is no much reference to such formula anywhere in the net nor in the Formula Study Guide.

I hope my understanding is correct.

In case you have any comment, I appreciate you feedback.

Tarek.

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