📌 The Golden EVM Rule
For every variance and index formula on the PMP exam, Earned Value (EV) always comes first. Variances are Subtraction (EV - ...). Indexes are Division (EV / ...).
How to Solve Any EVM Scenario on the PMP Exam
When you encounter an EVM situational question on the PMP exam, follow this 3-step decision flow:
- Step 1: Identify EV. What is the monetary value of the work physically completed?
- Step 2: Check Schedule (PV). Is EV greater than PV? If yes, you are ahead of schedule.
- Step 3: Check Cost (AC). Is EV greater than AC? If yes, you are under budget.