Formulas and Memorization Flashcards

1
Q

BAC

A

Budgeted at Completion

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2
Q

PV

A

Planned Value

PV = “Planned% Complete” x BAC

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3
Q

EV

A

Earned Value

EV = “Actual% Complete” x BAC

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4
Q

AC

A

Actual Cost

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5
Q

CV

A

Cost Variance

CV = EV - AC

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6
Q

SV

A

Schedule Variance

SV = EV - PV

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7
Q

CPI

A

Cost Performance Index

CPI = EV/AC

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8
Q

CPI^c

A

Cumulative CPI

CPI^c = EV^c/AC^c

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9
Q

SPI

A

Schedule Performance Index

SPI = EV/PV

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10
Q

EAC

A

Estimate at Completion
EAC = BAC/CPI^c

AC+(BAC-EV)
AC + (BAC-EV)/(CPI*SPI)
AC+ETC

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11
Q

ETC

A

Estimate to Completion

ETC = EAC - AC

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12
Q

VAC

A

Variance at Completion

VAC = BAC - EAC

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13
Q

TCPIc

A

To-Complete Performance Index

BAC - EV) / (ETC

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14
Q

Beta Distribution

A

PERT (Three-Point Estimating)

(P+4R+O)/6

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15
Q

Standard Deviation (sigma)

A

PERT (Three-Point Estimating)
(P-O)/6

sigma^2 = [sum(x - mu)^2] / N

mu = mean

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16
Q

Triangular Distribution

A

PERT (Three-Point Estimating)

(P+R+O)3

17
Q

EF

A

Early Finish

EF = ES + Duration - 1

18
Q

LS

A

Late Start

LS = ES + Float

19
Q

LF

A

LF = LS + Duration - 1

20
Q

Float

A

Float = LS-ES or LF-EF

Bottom-left minus top-left, or bottom-right minus top-right

21
Q

Communication Channels

A

Channels = n(n-1)/2

22
Q

PTA

A

Point of Total Assumption

Target cost + (Ceiling price - target price) / (Buyer’s % share of cost overrun)

23
Q

Discount Formula

A

PV = FV / (1 + ‘discount rate’)^period

PV = Present Value
FV = Future Value