Formulas

Question 1

Expected Monetary Value (EMV)

Answer 1

EMV = Probability * Impact

Question 2

Cost Performance Index (CPI)

Answer 2

CPI = Earned Value / Actual Cost

Question 3

Cost Variance (CV)

Answer 3

CV = Earned Value - Actual Cost

Question 4

Schedule Performance Index (SPI)

Answer 4

SPI = Earned Value / Planned Value

Question 5

Estimate at Completion (EAC)

Answer 5

EAC = Budget at Completion / CPI

Question 6

To Complete Performance Index (TCPI)

Answer 6

TCPI = (BAC - EV) / (EAC - AC)

Question 7

Earned Value

Answer 7

EV = (Actual Days * Estimated Days) * Budget

Question 8

Planned Value (PV)

Answer 8

PV = (Current days / budgeted days) * Budget