PMP Formulas Flashcards
BAC x % completed or completed work x planned/budgeted cost per piece of work
Earned Value (EV)
BAC x %scheduled to have been completed or # of planned deliverables x budget cost per piece
Planned Value (PV)
BAC x % of $ spent
Actual Cost (AC)
EV-PV
Schedule Variance(SV) (-) is behind schedule (+) is ahead of schedule (0) on plan
EV-AC
Cost Variance (CV) (>1) Good (<1) Bad (1.0) on plan
Cumm. Ev / Cumm. AC
Cumm. CPI
Activity Float
= Late Finish - Early Finish
Standard Deviation
=Pessimistic (P) - Optimistic (O)/6
Total Float
LS-ES
or
LF-EF
Cost Variance
EV - AC
Schedule Variance
EV - PV
Cost Perfmormance Index (CPI)
EV / AC
Schedule Performance Index (SPI)
EV - PV
Earned Value (EV)
Total PV * Actual % Completion
Estimate at Completion (EAC)
AC + Bottom-Up ETC