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11 Cards in this Set
- Front
- Back
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Planned Value (PV)
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The physical work scheduled, plus the authorized budget to accomplish the scheduled work
Formerly known as budgeted cost of work scheduled (BCWS) What the project should be worth at this point in the schedule |
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Cost Variance (CV)
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EV - AC
+ve good - ve bad |
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Schedule Variance (SV)
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EV - PV
+ve good -ve bad |
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Cost Performance Index (CPI)
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EV/AC
>1 good <1 bad |
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Schedule Performance Index (SPI)
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EV/PV
>1 good <1 bad |
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Cost Variance Percentage (CV%)
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CV/EV
+ve good -ve bad |
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Schedule Variance Percentage (SV%)
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SV/PV
+ve good -ve bad |
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Earned Value (EV)
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% Complete x BAC
formerly budgeted cost of work performed (BCWP) |
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Estimate at Completion (EAC)
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BAC/CPI
<BAC good >BAC bad |
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Variance at Completion (VAC)
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BAC - EAC
+ve good -ve bad |
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Estimate to Completion (ETC)
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EAC - AC
N/A good and bad |
