Formulas Flashcards
Formulas and Terms
1
Q
BAC
A
Budget at Completion
2
Q
EV
A
Earned Value
BAC x %work
3
Q
AC
A
Actual Cost
4
Q
CV
A
Cost Variance
EV - AC
5
Q
CPI
A
Cost Performance Index
EV / AC
6
Q
PV (project)
A
Planned Value
BAC x %schedule
7
Q
SV
A
Schedule Variance
EV - PV
8
Q
SPI
A
Schedule Performance Index
EV / PV
9
Q
TCPI
A
To-Complete Performance Index
(BAC - EV) / (BAC - AC)
(BAC - EV) / (EAC - AC)
10
Q
VAC
A
Variance at Completion
BAC - EAC
11
Q
EAC
A
Estimate at Completion
AC + ETC
AC + BAC - EV or BAC - CV
BAC / CPI
AC + ((BAC - EV) / (CPI x SPI))
12
Q
Duration
A
Work x Rate / Resource
13
Q
EAD
PERT distribution
A
Estimated Activity Duration
(a + 4(b) + c) / 6
a = minimum
b = most likely
c = max
14
Q
EAD
PERT triangular
A
Estimated Activity Duration
(a + b + c) / 3
a = minimum
b = most likely
c = max
15
Q
ETC
A
Estimate to Completion
(re-estimation of remaining work)
EAC - AC
