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25 Cards in this Set
- Front
- Back
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AC - Actual Cost = |
CV/(CPI - 1)
CV=Cost Variance CPI=Cost Performance Index |
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PV - Planned Value =
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SV/(SP1 - 1)
SV=Scheduled Variance SPI=Scheduled Performance Index |
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BAC - Budget At Completion =
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∑(PV) at project completion
∑=Summation PV=Planned Value |
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EV - Earned Value =
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% complete X BAC
BAC=Budget At Completion |
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CV - Cost Variance = |
EV - AC (>0)
EV=Earned Value AC=Actual Cost |
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SV - Schedule Variance =
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EV - PV (>0)
EV=Earned Value PV=Planned Value |
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CPI - Cost Performance Index =
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EV/AC (>1)
EV=Earned Value AC=Actual Cost |
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SPI - Schedule Performance Index =
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EV/PV (>1)
EV=Earned Value PV=Planned Value |
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EAC - Estimate At Completion = |
= AC/% Complete
= BAC/CPI AC=Actual Cost BAC=Budget at Completion CPI = Cost Performance Index |
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ETC - Estimate To Completion =
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EAC-AC
EAC=Estimate At Completion AC=Actual Cost |
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VAC - Variance At Completion =
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BAC-EAC
BAC=Budget At Completion EAC=Estimate At Completion |
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TCPI - To Complete Performance Index =
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= Remaining Work/Remaining Budget
= (BAC-EV)/(BAC-AC) OR = (BAC-EV)/(EAC-AC) BAC=Budget At Completion EV=Earned Value EAC=Estimate At Completion AC=Actual Cost |
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Qualitative Risk Score =
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Probability x (iscope + itime + icost + iquality)
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Communication Channels =
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N(N-1)/2
N = # of people in project |
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EMV (Expected Monetary Value) = |
Impact x Probability
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Normal Distribution
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1 σ = 68.26%
2 σ = 95.46% 3 σ = 99.73% 4 σ = 99.999% Sigma = Standard Deviation = SD = σ |
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Normal Distribution - 1 σ =
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68.26%
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Normal Distribution - 2 σ
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95.46%
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Normal Distribution - 3 σ
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99.74%
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Normal Distribution - 6 σ
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99.999%
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Present Value (PV)
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PV = FV/(1 + r)^n
PV = Present Value FV = Future Value r = Rate of Interest n = Number of Years |
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PERT (Program Evaluation and Review Technique) =
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(O + 4M + P)/6
O=Optimistic P=Pessimistic M=Most Likely |
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SD of Activity (σ) =
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(P-O)/6
P=Pessimistic O-Optimistic |
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Variance of Activity =
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(SD)^2
SD=Standard Deviation |
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Float =
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LS-ES = LF-EF
LS=Late Start LF=Late Finish ES=Early Start EF=Early Finish |
