Simple Formulas Flashcards
1
Q
BAC Budget at Completion
A
Sum of all budgets Total Planned Value for project
2
Q
EV Earned Value
A
%complete X BAC
3
Q
VAR Variance
A
BAC - EAC
4
Q
CV Cost Variance
A
EV - AC
5
Q
SV Schedule Variance
A
EV - PV Planned Value
6
Q
CPI Cost Performance
A
EV / AC Actual Cost
7
Q
SPI Schedule Performance Index
A
EV / PV Planned Value
8
Q
EAC Estimate At Completion
A
BAC / CPI
9
Q
VAC Variance At Completion
A
BAC - EAC
10
Q
ETC Estimate To Completion
A
EAC - AC