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11 Cards in this Set
- Front
- Back
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BAC = ____ ? |
BAC = Σ (PV ) (Balance at Completion) |
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EV = |
EV = % Complete of BAC Earned Value is a percentage of the Balance at Completion |
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AV = |
AV = EV- AC Actual Variance = (Earned Value) - (Actual Costs) |
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CV |
CV = EV - AC Cost Variance is equal to Earned Value minus Actual Costs. * Negative variance is cost overrun |
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SV |
SV = EV - PV Scheduled Variance is equal to Earned Value minus Planned Value * Negative variance is behind schedule |
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CPI |
CPI = EV / AC Cost Performance Index is equal to Earned Value/Actual Costs * Less than one is cost overrun. |
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SPI |
SPI = EV / PV Schedule Performance Index is equal to Earned Value/Planned Value. * Less than one is behind schedule. |
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AC |
AC=CV / (CPI-1) Actual Costs is equal to Cost Variance / (Cost Performance Index - 1) |
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PV |
PV=SV / (SPI-1)Planned Value is equal to Schedule Variance / (Schedule Performance Index - 1) |
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ETC |
ETC = EAC - AC Estimation to Completion = (Estimate at Completion) - (Actual Costs) |
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VAC |
VAC = BAC - EAC Variance at Completion = (Balance at Completion) - (Estimate at Completion) |
