EVM Study Guide 2026

Everything you need to pass the EVM exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.

📋 EVM Exam Format at a Glance

Questions

60 min

Time Limit

65.00%

Passing Score

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📚 EVM Topics to Study (21)

EVM Variance Analysis and Interpretation · 7 cards EVM Variance Analysis and Interpretation · 7 cards EVM Variance Analysis and Interpretation · 7 cards Fundamentals of Earned Value Management · 7 cards Fundamentals of Earned Value Management · 7 cards Fundamentals of Earned Value Management · 7 cards EVM Baseline and Work Authorization · 6 cards EVM Baseline and Work Authorization · 6 cards EVM Baseline and Work Authorization · 6 cards EVM Earned Value Techniques and Methods · 6 cards EVM Earned Value Techniques and Methods · 6 cards EVM Earned Value Techniques and Methods · 6 cards EVM Forecasting and Completion Estimates · 6 cards EVM Forecasting and Completion Estimates · 6 cards EVM Forecasting and Completion Estimates · 6 cards EVM Performance Metrics and Indices · 6 cards EVM Performance Metrics and Indices · 6 cards EVM Performance Metrics and Indices · 6 cards EVM Reporting and Compliance · 6 cards EVM Reporting and Compliance · 6 cards EVM Reporting and Compliance · 6 cards

✍️ Sample EVM Questions & Answers

1. The Units Complete technique measures progress by:

✓ Counting the number of identical physical units completed against the total planned

Units Complete earns value per completed unit (e.g., installed panels, tested assemblies), making it highly objective and repeatable.

2. Which EVM metric is expressed in currency units rather than as a ratio?

✓ CV (Cost Variance)

CV = EV - AC is expressed in dollars (or other currency), while CPI, SPI, and TCPI are dimensionless ratios.

3. SPI lower than one indicates that

✓ Project is behind schedule

If the SPI is less than 1, it indicates that the project is behind schedule. This means that the value of the work completed (EV) is less than the planned value (PV), indicating that the project is not progressing as per the scheduled timeline.

4. What is a Planning Package in EVM?

✓ A holder for future scope within a Control Account that is not yet planned in detail

Planning Packages hold budget for future work within a Control Account that has not yet been broken down into detailed work packages.

5. The Contract Budget Base (CBB) equals:

✓ Negotiated contract cost plus authorized unpriced work

CBB = Negotiated Contract Cost + Authorized Unpriced Work, representing the total authorized budget for the contract.

6. What is the formula for Cost Performance Index (CPI)?

✓ EV / AC

CPI = EV / AC, where a value above 1.0 indicates the project is under budget.

🎯 Free EVM Practice Tests

Fundamentals of Earned Value Management · 7 questions EVM Variance Analysis and Interpretation · 7 questions Fundamentals of Earned Value Management · 7 questions EVM Variance Analysis and Interpretation · 7 questions Fundamentals of Earned Value Management · 7 questions EVM Variance Analysis and Interpretation · 7 questions EVM Forecasting and Completion Estimates · 6 questions EVM Forecasting and Completion Estimates · 6 questions EVM Performance Metrics and Indices · 6 questions EVM Performance Metrics and Indices · 6 questions

📖 EVM Guides & Articles

EVM Practice Test PDF (Free Printable 2026)

Your EVM Study Path

1. Learn with Flashcards → 2. Drill Practice Tests → 3. Take the Full Exam Simulation

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