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Example #1: EVM on a Simple Housecleaning Project Let's use a simple example and move it away from the business world for now. You discover you are having guests coming in from out of town next week, but you are going to be out of town on business this week and the house needs some attention. You do some quick calling around to cleaning services and find Sarah, who will come out Sarah was sice with the file se'n for $20 an hour. You engage her for her Erother, Mladine inten a 40-hour week. You budget that to inchoat Sheet witte you can afford $800 for this cleanup. Since you're a project you down. Sorry, istniy gat2 manager, you quickly prepare a list of 40 one-hour tasks for her and leave them on the counter as prearranged. However, of your tiksies sont in being the when you arrive home after your trip, your list of tasks has $200 chce to Sarak. Plast feel free checkmarks of completion by only some of the items. to call us agal At the bottom is this note Complete the following EMV calculations interpret their meaning EVM Measure: Solution & Analysis: Budget at Completion (BAC) Planned Value (PV) Eamed Value (EV) Schedule Performance Index (SPI) Schedule Variance (57) Actual Cost (AC) Cost Performance Index (CPD Cost Variance CV Completion (EAC)