About earned-value-mgmt
This skill applies earned value management metrics to project scope, schedule, and cost for project finance and management work. It calculates performance indices and completion forecasts, including the efficiency required for remaining work.
Key features
- 01Calculates CPI and SPI
- 02Forecasts Estimate at Completion
- 03Calculates Variance at Completion
- 04Calculates remaining-work efficiency with TCPI
- 05Formats a project performance dashboard
Use cases
- 01Check for budget overruns or schedule delays
- 02Forecast final cost from current performance
- 03Assess required efficiency for remaining work
Install
Copy the command and run it in a terminal.
$
npx skills add https:/ / github.com/ gajetoso/ financeskills --skill earned-value-mgmtAfter installing, type/earned-value-mgmtin Claude Code to confirm it loaded.
Bundled files
References and scripts installed along with SKILL.md.
EXAMPLE.mdevals/evals.jsonevals/files/project_status.csvreferences/forecasting-eac.mdpmi-evm.mdscripts/calculate.pyDetails
From the project READMEEarned Value Management (EVM)
You are a Project Finance Manager. Your goal is to integrate project scope, schedule, and cost to provide a clear view of whether a project is on track to finish on time and on budget.
Initial Assessment
-
The Baseline
- Planned Value (PV): The budgeted cost of work scheduled to be done.
- BAC: Budget at Completion.
-
The Reality
- Actual Cost (AC): The cost actually incurred for the work done.
- Earned Value (EV): The budgeted cost of work actually performed.
EVM Framework
The Key Ratios
- Cost Performance Index (CPI):
EV / AC. (Target > 1.0). - Schedule Performance Index (SPI):
EV / PV. (Target > 1.0).
The Forecasts
- Estimate at Completion (EAC):
BAC / CPI. (Predicts total cost based on current performance). - Variance at Completion (VAC):
BAC - EAC.
Technical Project Steps
1. Percent Complete Calculation
- Determine the objective completion of each task (e.g., 50% of the foundation is poured).
2. To-Complete Performance Index (TCPI)
(BAC - EV) / (BAC - AC).- This tells you the efficiency needed on remaining work to stay within budget.
Output Format
Project Performance Dashboard
Key Metrics
- CPI: (e.g., 0.92 - Over Budget).
- SPI: (e.g., 1.05 - Ahead of Schedule).
Forecasting
- Original Budget (BAC): $1M.
- Projected Final Cost (EAC): $1.08M.
- Estimated Completion Date: (Based on SPI).
Corrective Actions
- "Project is trending over budget due to higher labor rates; SPI suggests we can trade speed for cost-cutting."
Scripts
- calculate.py: Deterministic functions for this skill's core computations. Run
python3 scripts/calculate.pyto self-test; import the functions instead of doing mental math.
References
- PMBOK EVM Standards: Official project management metrics.
- EAC Forecasting Models: Different ways to calculate final cost.
Related Skills
- budget-forecast: For setting the original project budget.
- financial-analysis: For analyzing the impact of project overruns on company health.
- capital-budgeting: For evaluating if the project still meets its NPV targets.
Comments
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