formulas for cost management Flashcards

1
Q

cost variance (CV)

A

CV= EV - AC

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2
Q

schedule variance (SV)

A

SV= EV - PV

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3
Q

cost performance index (CPI)

A

CPI = EV/AC

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4
Q

schedule performance index (SPI)

A

SPI = EV/PV

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5
Q

estimate at completion (EAC)

A

EAC = BAC/CPI

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6
Q

estimated time to complete

A

= original time estimate/SPI

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7
Q

earned value (EV)

A

EV = PV * RP

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