Formulas

Question 1

Name the formula for TCPI.

Answer 1

The formula is TCPI = (BAC – EV) / (BAC – AC).

Question 2

Name the formula for EAC.

Answer 2

The formula is EAC = AC + ETC.

Question 3

Name the formula to calculate the lines of communication.

Answer 3

The formula is n (n – 1) / 2.

Question 4

Name the formula for CPI.

Answer 4

The formula is CPI = EV / AC.

Question 5

Name the formula for CV.

Answer 5

The formula is CV = EV – AC.

Question 6

Name the formula for SV.

Answer 6

The formula is SV = EV – PV

Question 7

Name the formula for SPI.

Answer 7

The formula is SPI = EV / PV.

Question 8

Define EV.

Answer 8

EV (earned value) is the value of the work completed to date as it compares to the budgeted amount (PV). This is a figure used in EVM formulas and is also referred to as the budgeted cost of work performed (BCWP).

Question 9

Name the formula for VAC.

Answer 9

The formula is VAC = BAC – EAC.

Question 10

Define ETC.

Answer 10

ETC is estimate to complete and is the forecast of the cost of all the remaining project work. This figure is usually provided by the project team members.