Yes, Earned Value Analysis (EVA) is very much a central component of the Adeaca Project Business Automation solution and a natural output of it. The project schedule provides a timeline against which budget entries are time-phased for automatic computation of planned value. EVA earning methods are defined on Cost Breakdown Structure (CBS) accounts and defines how EVA progress and earned value metrics are computed, based on EAC completion, completed work or completed quantities. Earned value is computed at user-defined levels of the Cost Breakdown Structure (CBS).
Earned value metrics including Cost Performance Index (CPI) and Schedule Performance Index (SPI) are established in the costing sheet on demand and at a minimum as part of the month-end process. EVA metrics are stored for each month for historic data audit and trend analysis. S-Curve analysis and performance index trends are also provided in the costing sheet.
