PMP Formulas Flashcards

1
Q

BAC x % completed or completed work x planned/budgeted cost per piece of work

A

Earned Value (EV)

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2
Q

BAC x %scheduled to have been completed or # of planned deliverables x budget cost per piece

A

Planned Value (PV)

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3
Q

BAC x % of $ spent

A

Actual Cost (AC)

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4
Q

EV-PV

A

Schedule Variance(SV) (-) is behind schedule (+) is ahead of schedule (0) on plan

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5
Q

EV-AC

A

Cost Variance (CV) (>1) Good (<1) Bad (1.0) on plan

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6
Q

Cumm. Ev / Cumm. AC

A

Cumm. CPI

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7
Q

Activity Float

A

= Late Finish - Early Finish

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8
Q

Standard Deviation

A

=Pessimistic (P) - Optimistic (O)/6

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9
Q

Total Float

A

LS-ES

or

LF-EF

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10
Q

Cost Variance

A

EV - AC

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11
Q

Schedule Variance

A

EV - PV

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12
Q

Cost Perfmormance Index (CPI)

A

EV / AC

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13
Q

Schedule Performance Index (SPI)

A

EV - PV

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14
Q

Earned Value (EV)

A

Total PV * Actual % Completion

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15
Q

Estimate at Completion (EAC)

A

AC + Bottom-Up ETC

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16
Q

Estimate at Completion (EAC)

A

BAC / CPI

17
Q

Estimate at Completion (EAC)

A

AC + (BEC - EV) / CPI * SPI

18
Q

Estimate at Completion (EAC)

A