FE Civil Exam Prep 83, Earned Value — PV, EV, AC, CPI, SPI
Aug 5, 2026
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- How to differentiate between Planned Value (PV), Earned Value (EV), and Actual Cost (AC).
- How to calculate and interpret Schedule Variance (SV) and Cost Variance (CV) to determine project status.
- How to calculate and interpret Schedule Performance Index (SPI) and Cost Performance Index (CPI).
- To identify common FE exam traps, such as confusing time-based scheduled progress (PV) with performance-based completed work (EV).
- How to use the Estimate at Completion (EAC) formula to forecast the new total project cost based on performance.
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
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