Planned Value Calculator

Measure planned work against time phased budgets. Model milestones, durations, and completion targets with confidence. See schedule trends, exports, and charts for faster decisions.

Enter Project Inputs

Use the responsive grid below. Large screens show three columns, smaller screens show two, and phones show one.

Example Data Table

Scenario BAC Total Duration Elapsed Duration Mode EV AC PV Result
Website rollout USD 150,000 10 months 4 months Linear USD 56,000 USD 61,000 USD 60,000
Plant upgrade USD 480,000 16 months 6 months Front-Loaded USD 205,000 USD 218,500 USD 244,995
ERP migration USD 320,000 8 months 5 months Manual 68% USD 198,000 USD 210,000 USD 217,600

Formula Used

Planned Value (PV) = Budget at Completion (BAC) × Planned % Complete

Linear Planned % = Elapsed Duration ÷ Total Planned Duration

Front-Loaded Planned % = (Elapsed ÷ Total)0.75

Back-Loaded Planned % = (Elapsed ÷ Total)1.25

Custom Planned % = (Elapsed ÷ Total)Exponent

Schedule Variance (SV) = Earned Value − Planned Value

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

Cost Variance (CV) = Earned Value − Actual Cost

Cost Performance Index (CPI) = Earned Value ÷ Actual Cost

Manual mode uses your supplied planned percentage directly. The optional EV and AC fields help compare schedule and cost performance against the planned baseline.

How to Use This Calculator

  1. Enter the project budget at completion.
  2. Enter the total baseline duration and the elapsed duration.
  3. Select the baseline method that matches your project loading pattern.
  4. Use manual percentage when your schedule already defines the exact planned completion.
  5. Use a custom exponent when your cumulative curve needs a unique shape.
  6. Add earned value to compare actual progress with the schedule plan.
  7. Add actual cost to review cost efficiency alongside planned value.
  8. Click calculate to show results above the form and below the header.
  9. Use the export buttons to save a CSV or PDF copy.

Frequently Asked Questions

1. What does planned value measure?

Planned value measures the budgeted amount of work scheduled to be completed by a specific status date. It reflects what the plan says should have been accomplished financially by that point.

2. How is planned value different from earned value?

Planned value is the target amount from the baseline plan. Earned value is the budgeted value of work actually completed. Comparing both shows whether the project is ahead or behind schedule.

3. When should I use manual planned percentage?

Use manual planned percentage when your PMO or baseline schedule already defines the exact completion target for the status date. It is useful when simple duration ratios do not match the approved schedule.

4. What does a front-loaded baseline mean?

A front-loaded baseline assumes more budgeted work is scheduled earlier in the project. Design-heavy or procurement-heavy projects often follow this pattern because planned value accumulates faster at the start.

5. Why include actual cost in this calculator?

Actual cost is optional, but adding it helps compare cost efficiency with schedule efficiency. You can see CPI and cost variance beside PV, giving a fuller earned value management picture.

6. What does a negative schedule variance indicate?

A negative schedule variance means earned value is below planned value. The project has completed less value than the baseline expected by the status date, so schedule performance is behind plan.

7. Can I use weeks or months interchangeably?

Yes, as long as the total and elapsed durations use the same unit. The calculator treats the chosen unit consistently when deriving the time ratio and chart labels.

8. What does the custom exponent change?

The custom exponent changes the curvature of planned progress over time. Values below one make the curve earlier-loaded, while values above one push more planned value toward later periods.

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Important Note: All the Calculators listed in this site are for educational purpose only and we do not guarentee the accuracy of results. Please do consult with other sources as well.