Project Controls

EVM Formula Optimization

Earned Value ManagementExcelCost ReportingData QA

What It Does

An EVM tracking spreadsheet was only calculating percent complete based on labor hours, which meant equipment-only and material-only line items (zero budgeted labor hours) showed 0% complete despite real progress. Designed and implemented fallback logic: if budgeted labor hours > 0, use labor-based calculation; if zero, fall back to installed quantity ÷ base quantity. Applied the fix across 31 affected rows and flagged data anomalies (installed quantities exceeding base quantities) for review.

Key Features

  • Designed fallback logic for equipment-only and material-only line items
  • Fixed percent complete calculations across 31 cost accounts
  • Flagged data anomalies (installed quantities exceeding base quantities)
  • Labor-based and quantity-based calculation modes

Why I Built It

Incorrect percent complete calculations were masking real progress on non-labor line items. The fix ensured accurate earned value reporting across all cost types.

What I Learned

Learned how EVM formulas need to adapt to different cost account types. A single formula approach fails when the underlying data structure varies across line items.

Skills Used & Gained

Earned Value ManagementExcelCost ReportingData QA