EVM formulas Flashcards
1
Q
Earned value (EV)
A
Percent complete X BAC
2
Q
Cost variance (CV)
A
EV-AC
3
Q
Schedule variance (SV)
A
EV-PV
4
Q
Variance at Completion (VAC)
A
BAC-EAC
5
Q
Cost Performance Index (CPI)
A
EV/AC
6
Q
Schedule Performance Index (SPI)
A
EV/PV
7
Q
Estimate at Completion (EAC)
Standard formula
A
BAC/CPI
8
Q
Estimate at Completion (EAC)
Future work at planned costs formula
A
AC + BAC – EV
9
Q
Estimate at Completion (EAC)
Initial costs estimates flawed
A
AC + Estimate for
remainder of project
10
Q
Estimate at Completion (EAC)
CPI and SPI affect the remainder of the project
A
AC + [BAC-EV/(CPI x SPI)]
11
Q
Estimate to Complete
A
EAC-AC
12
Q
TCPI to complete performance index
Utilizing BAC
A
(BAC-EV)/(BAC-AC)
13
Q
TCPI to complete performance index
Utilizing EAC
A
(BAC-EV)/(EAC-AC)
