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15 Cards in this Set

  • Front
  • Back

Cost Variance (CV)

CV = EV-AC




EV = Earned Value, AC =Actual Cost

Schedule Variance (SV)

SV = EV-PV




EV = Earned Value, PV = Planned Value

Variance at Completion (VAC)


VAC = BAC-EAC




BAC = Budget at Completion, EAC = Estimate at Completion

Cost performance index (CPI)


CPI = EV/AC




EV = Earned Value, AC = Actual Cost

Schedule performance index (SPI)
SPI = EV/PV



EV = Earned Value, PV = Planned Value

Estimate at Completion (if CPI is the same)
EAC = BAC/CPI



BAC = Budget at Completion, CPI = Cost Performance Index

Estimate at Completion (if future work at planned rate)
EAC = AC+BAC-EV



AC = Actual Cost, BAC = Budget at Completion, EV = Earned Value

Estimate at completion (if initial plan is not valid)
EAC = AC+Bottom-up ETC



AC = Actual Cost, Bottom-Up ETC = New Estimate to Completion

Estimate at completion (If CPI and SPI influcence)
EAC = AC+[(BAC-EV)/(CPIxSPI)]



AC = Actual Cost, BAC = Budget at Completion, EV = Earned Value, CPI = Cost Performance Index, SPI = Scheduled Performance Index

Estimate to complete
ETC = EAC-AC



EAC = Estimate at Completion, AC = Actual Cost

TCPI (to complete performance index)
TCPI = (BAC-EV)/(BAC-AC)



BAC = Budget at Completion, EV = Earned Value, BAC = Budget at Completion, AC = Actual Cost

Communication channels


CC = n(n-1)/2



n = Number of Members on the Team

PERT Estimation
PERT = (P-O)/6



P = Pessimistic Estimate, O = Optimistic Estimate

Standard Deviation

LS – ES



LS = Late Start, ES = Early Start

Float/Slack
LF - EF
LF = Late Finish, EF = Early Finish