Formulas

Question 1

BAC

Budget at Completion

Answer 1

Sum of all budgets

Total Planned Value for project

Question 2

EV

Earned Value

Answer 2

%complete X BAC

Question 3

VAR

Variance

Answer 3

BAC - EAC

Question 4

CV

Cost Variance

Answer 4

EV - AC

Question 5

SV

Schedule Variance

Answer 5

EV - PV

Planned Value

Question 6

CPI

Cost Performance

Answer 6

EV / AC

Actual Costs

Question 7

SPI

Schedule Performance Index

Answer 7

EV / PV

Planned Value

Question 8

EAC

Estimate At Completion

Answer 8

BAC / CPI

Question 9

VAC

Variance At Completion

Answer 9

BAC - EAC

Question 10

ETC

Estimate To Completion

Answer 10

EAC - AC

Question 11

Communications Channls

Answer 11

N*(N-1) / 2

Question 12

Variance

Answer 12

[(P-O) / 6] Squared

Question 13

Float or Slack

Answer 13

LS-ES and LF-EF

Question 14

BCR

Benefit Cost Ratio

Answer 14

Benefit / Cost

Question 15

Order of Magnitude Estimate

Answer 15

-25% - +75%

-50 to +100% PMBOK

Question 16

Budget Estimate

Answer 16

-10% - +25%

Question 17

Definitive Estimate

Answer 17

-5% - +10%

Question 18

Expected Monetary Value

Answer 18

Probability * Impact

Question 19

Sigma σ

Answer 19

1σ = 68.27%
2σ = 95.45%
3σ = 99.73%
6σ = 99.99985%

Question 20

Working Capital

Answer 20

Current Assets - Current Liabilities

Question 21

Discounted Cash Flow

Answer 21

Cash Flow X Discount Factor

Question 22

Triangular Distribution (Avg)

Answer 22

(P+M+O) / 3

Question 23

Beta Distribution (Weighted Avg)

Answer 23

(P+4M+O) / 6

Question 24

Standard Deviation (SD)

Answer 24

(P-O) / 6

Question 25

Present Value (PV)

Answer 25

PV = FV / (1+r)^n

Question 26

Point of Total Assumption

Answer 26

(Ceiling Price - Target Price) / Buyer’s share ratio

+ target cost