formulas for cost management Flashcards
1
Q
cost variance (CV)
A
CV= EV - AC
2
Q
schedule variance (SV)
A
SV= EV - PV
3
Q
cost performance index (CPI)
A
CPI = EV/AC
4
Q
schedule performance index (SPI)
A
SPI = EV/PV
5
Q
estimate at completion (EAC)
A
EAC = BAC/CPI
6
Q
estimated time to complete
A
= original time estimate/SPI
7
Q
earned value (EV)
A
EV = PV * RP