Formulas

Question 1

BAC

Answer 1

Budget at Completion

Question 2

EV

Answer 2

Earned Value
BAC x %work

Question 3

AC

Answer 3

Actual Cost

Question 4

CV

Answer 4

Cost Variance
EV - AC

Question 5

CPI

Answer 5

Cost Performance Index
EV / AC

Question 6

PV (project)

Answer 6

Planned Value
BAC x %schedule

Question 7

SV

Answer 7

Schedule Variance
EV - PV

Question 8

SPI

Answer 8

Schedule Performance Index
EV / PV

Question 9

TCPI

Answer 9

To-Complete Performance Index
(BAC - EV) / (BAC - AC)
(BAC - EV) / (EAC - AC)

Question 10

VAC

Answer 10

Variance at Completion
BAC - EAC

Question 11

EAC

Answer 11

Estimate at Completion
AC + ETC
AC + BAC - EV or BAC - CV
BAC / CPI
AC + ((BAC - EV) / (CPI x SPI))

Question 12

Duration

Answer 12

Work x Rate / Resource

Question 13

EAD
PERT distribution

Answer 13

Estimated Activity Duration
(a + 4(b) + c) / 6
a = minimum
b = most likely
c = max

Question 14

EAD
PERT triangular

Answer 14

Estimated Activity Duration
(a + b + c) / 3
a = minimum
b = most likely
c = max

Question 15

ETC

Answer 15

Estimate to Completion
(re-estimation of remaining work)
EAC - AC

Question 16

PV (financial)

Answer 16

Present Value
FV / (1 + r)^n
FV = Future Value
r = Interest rate
n = Number of periods

Question 17

Communication Channels

Answer 17

(N (N - 1)) / 2

Question 18

EMV

Answer 18

Expected Monetary Value
Probabilty x Impact

Question 19

EAD
Standard Deviation

Answer 19

Estimated Activity Duration
(c - a) / 6
c = max
a = min

Question 20

Total Float

Answer 20

Late Start (LS) - Early Start (ES)
Late Finish (LF) - Early Finish (EF)