How to Get a Job For Project Managers

Learn how to write resume and interview

Leadership for Project Managers

Learn how to lead and drive project success.

Project Management Bootcamp

From a beginner to project management professional.

Agile Project Management and SCRUM with AI

Learn to run Scrum and Agile with AI.

Earned Value Analysis

A technique that, at a specific reporting date, compares how the project is actually performing against what was planned to evaluate cost and schedule status.

Key Points

  • Compares Planned Value (PV), Earned Value (EV), and Actual Cost (AC) to gauge progress.
  • Calculates key metrics: CV = EV - AC, SV = EV - PV, CPI = EV/AC, SPI = EV/PV.
  • Enables forecasting, such as Estimate at Completion (EAC) and Estimate to Complete (ETC).
  • Depends on an approved baseline and clear measurement rules; usable in predictive or agile settings.

Example

By the end of Sprint 4, the plan called for PV = $100,000. The team has completed work worth EV = $80,000 and spent AC = $120,000. Results: CV = -$40,000 (over budget), CPI = 0.67; SV = -$20,000 (behind schedule), SPI = 0.80. The project manager reviews causes and plans corrective actions.

PMP Example Question

Which technique compares actual cost and progress to the plan at a specific reporting date using metrics like EV, PV, and AC?

  1. Trend analysis
  2. Earned Value Analysis
  3. Parametric estimating
  4. Critical path method

Correct Answer: B — Earned Value Analysis

Explanation: Earned Value Analysis compares actual performance with the plan at a point in time using EV, PV, and AC to assess cost and schedule performance.

AI for Project Managers — Build Plans Faster, Lead Better

Turn messy inputs into structured project plans in minutes. If you are a project manager tired of spending hours on documentation, this course shows you how to use AI to work faster while staying fully in control.

This is not a generic AI course. You will learn how to use AI as a practical co-pilot to build real project artifacts—charters, WBS, schedules, risk registers, and executive reports—using structured, reliable prompt frameworks.

You will also learn how to keep your project aligned across scope, schedule, cost, and risk, and how to interpret performance data like Earned Value Management to support better decisions and communication.

Everything is designed for immediate use. You get ready-to-use prompt templates and workflows you can apply right away in your projects. Watch the video to see how it works and start building your first AI-supported project plan.



Build complete project plans in minutes with AI

Stop spending hours on documentation. Learn how to use AI to create charters, WBS, schedules, risk registers, and executive reports faster—while staying fully in control. This course gives you ready-to-use prompt templates and practical workflows based on real project work. No guesswork, no fluff—just tools you can apply immediately. Backed by Udemy’s 30-day money-back guarantee, so you can start risk-free.

Learn More