Formulas and Memorization Flashcards
1
Q
BAC
A
Budgeted at Completion
2
Q
PV
A
Planned Value
PV = “Planned% Complete” x BAC
3
Q
EV
A
Earned Value
EV = “Actual% Complete” x BAC
4
Q
AC
A
Actual Cost
5
Q
CV
A
Cost Variance
CV = EV - AC
6
Q
SV
A
Schedule Variance
SV = EV - PV
7
Q
CPI
A
Cost Performance Index
CPI = EV/AC
8
Q
CPI^c
A
Cumulative CPI
CPI^c = EV^c/AC^c
9
Q
SPI
A
Schedule Performance Index
SPI = EV/PV
10
Q
EAC
A
Estimate at Completion
EAC = BAC/CPI^c
AC+(BAC-EV)
AC + (BAC-EV)/(CPI*SPI)
AC+ETC
11
Q
ETC
A
Estimate to Completion
ETC = EAC - AC
12
Q
VAC
A
Variance at Completion
VAC = BAC - EAC
13
Q
TCPIc
A
To-Complete Performance Index
BAC - EV) / (ETC
14
Q
Beta Distribution
A
PERT (Three-Point Estimating)
(P+4R+O)/6
15
Q
Standard Deviation (sigma)
A
PERT (Three-Point Estimating)
(P-O)/6
sigma^2 = [sum(x - mu)^2] / N
mu = mean