All Formulas

Question 1

Future Value of Money (FV)

Answer 1

PV (1 + i)n

Question 2

Present Value of Money (PV)

Answer 2

FV / (1 + i)n

Question 3

Net Present Value (NPV)

Answer 3

PV-(All Costs)

>1 is good

Question 4

Internal Rate of Return (IRR)

Answer 4

> 0 is good

Always pick the highest IRR

Question 5

Three-point-estimating: Triangular Distribution

Answer 5

(O + M + P) / 3

Question 6

Three-point-estimating: PERT/BETA

Answer 6

(O + 4M + P) / 6

Question 7

Cost Variance (CV)

Answer 7

EV - AC

Question 8

Cost Performance Index (CPI)

Answer 8

EV / AC

Question 9

Schedule Variance (SV)

Answer 9

EV - PV

Question 10

Schedule Performance Index

Answer 10

EV / PV

Question 11

Estimate to Complete (ETC)

Answer 11

EAC - AC

Question 12

To Complete Performance Index (BAC Focused)

Answer 12

(BAC-EV) / (BAC-AC)

Question 13

To Complete Performance Index (EAC Focused)

Answer 13

(BAC-EV) / (EAC-AC)

Question 14

Estimate at Completion (EAC), when performance will continue as it has been

Answer 14

BAC / CPI

Question 15

Estimate at Completion (EAC), when performance will go back to original planned rate

Answer 15

AC + BAC - EV

Question 16

Estimate at Completion (EAC), when the initial plan is no longer accurate

Answer 16

AC + (Bottom-up ETC)

Question 17

Estimate at Completion (EAC), when future performance will be influenced by both CPI and SPI

Answer 17

AC + [(BAC-EV) / (CPIxSPI)]

Question 18

Benefit-Cost Ratio (BCR)

Answer 18

Benefits (in terms of PV) / Costs (in terms of PV)

>1 is good

Question 19

Variance at Completion

Answer 19

BAC - EAC

Question 20

Communication Channels

Answer 20

N (N-1) / 2