Budget & EVM
Budget with earned value, built in.
See cost against progress without a separate spreadsheet.
BudgetEarned valueCosts
$120kBudget at completion
$127.7kEstimate at completion
0.94CPI
0.96SPI
Planned valueEarned valueActual cost
Set a baseline. Log the costs.
Enter your budget at completion, then log costs as itemized entries. Tasketra works out the rest.
- Budget at completion as your baseline
- Itemized cost entries
- A contingency reserve tracked on its own, separate from the baseline
Illustrative example data.
Earned value, explained
Ten numbers, in plain English
These are the standard earned value measures, calculated for you.
PVPlanned valueThe value of the work you planned to have done by now.
EVEarned valueThe value of the work actually done.
ACActual costWhat you have spent so far.
CVCost varianceEV minus AC. Below zero means over budget.
SVSchedule varianceEV minus PV. Below zero means behind schedule.
CPICost performance indexEV divided by AC. Below 1 means you are getting less than a dollar of work for each dollar spent.
SPISchedule performance indexEV divided by PV. Below 1 means you are behind plan.
EACEstimate at completionWhere the total cost is heading if things continue as they are.
VACVariance at completionBudget at completion minus EAC. Below zero means a projected overrun.
TCPITo-complete performance indexThe cost efficiency you need from here to finish on budget.
Changes show what they cost
A change request records the reason, the days it adds or removes, and the budget impact, then moves from proposed to approved or rejected, and on to implemented. Teams that use a change control board can record its approvals too.
- Reason, schedule impact in days, and budget impact in dollars
- Status from proposed through implemented
- Change control board approvals when you need them
Illustrative example data.
On every plan, including Free
Budget and earned value are not held back behind a paywall. Free, Founding Member and Pro all include them.