Math Flashcards
AC is an acronym for…
Actual Cost
PV is an acronym for…
Planned Value &/or Present Value
BAC is an acronym for…
Budget At Completion
EV is an acronym for…
Earned Value
CV is an acronym for…
Cost Variance
SV is an acronym for…
Schedule Variance
CPI is an acronym for…
Cost Performance Index
SPI is an acronym for…
Schedule Performance Index
EAC is an acronym for…
Estimate At Completion
ETC is an acronym for…
Estimate To Completion
VAC is an acronym for…
Variance At Completion
TCPI is an acronym for…
To Complete Performance Index
EMV is an acronym for…
Expected Monetary Value
FV is an acronym for…
Future Value
PERT is an acronym for…
Program Evalation And Review Technique
AC =
CV / (CPI - 1)
PV =
SV / (SPI - 1)
BAC =
Σ(PV) at project completion
EV =
% complete at BAC
CV =
EV - AC (>0)
SV =
EV - PV (>0)
CPI =
EV / AC (>1)
SPI =
EV / PV (>1)
EAC =
AC / % Complete or BAC / CPI
ETC =
EAC - AC
VAC =
BAC - EAC
TCPI =
Remaining Work / Remaining Budget OR (BAC - EV) / (BAC - AC) or (BAC - EV) / (EAC - AC)
EMV =
Impact x Probability
Qualitative Risk Score =
Probability x (Scope + Time + Cost + Quality)
Communication Channels =
N x (N - 1) / 2
1σ =
68.26%
2σ =
95.46%
3σ =
99.73%
6σ =
99.999%
PV =
FV / (1 + r)^n
PERT =
(O + 4M + P) / 6, where O is Optimistic, P is Pessimistic, M is Most Likely
SD of Activity (σ) =
(P - O) / 6
Variance of Activity =
(SD)^2
Float =
LS - ES = LF - EF, where LS is Late Start, LF is Late Finish, ES is Early Start, and EF is Early Finish
EVM is an acronym for…
Earned Value Management
