EVM Demo · Hotel renovation
Earned Value, one decision at a time
10 rooms × $1,000 each. Budget at completion (BAC) = $10,000. Only finished, accepted rooms earn value.
▶ Today: end of week 2 of 6 · 33% of the time used
W1 ✓
plan 2
plan 2
W2 ◀ now
plan 2
plan 2
W3
plan 2
plan 2
W4
plan 2
plan 2
W5
plan 1
plan 1
W6
plan 1
plan 1
Work done: 3 of 10 rooms (30%) · plan by now: 4 (40%)
Money spent so far: $3,500
R1100%
R2100%
R3100%
R40% late
R50%
R60%
R70%
R80%
R90%
R100%
■ finished (100%) · ▢ should be finished by now but isn't (0%) · ▢ not due yet
Rooms only count as earned when fully finished — no partial credit.
End of week 2
The plan said 4 rooms by now (planned spend $4,000). The team finished 3 rooms and spent $3,500.
Does spending less than planned mean we're performing well?