Pmp Formulas

Front 1

EV

(budgeting)

Back 1

EV = % complete x BAC

Budgeted cost of the work performed so far.

Used to track overall completion of a project.

EV is a calculated value, not the actual expense.

Front 2

SV

Back 2

SV = (EV - PV)

Schedule Variance

Measures schedule variance in $ (how many $ are you ahead / behind schedule).

Front 3

AC

Back 3

Actual Cost

Front 4

CPI

Back 4

CPI = EV / AC

Cost Performance Index

Measures cost variance as a %

Front 5

SPI

Back 5

SPI = EV / PV

Schedule Performance Index

Measures schedule variance as a %

Front 6

RTD

Back 6

RTD = BD / SPI

Revised Total Duration

The projected duration based on how the project is actually going, schedule-wise.

Front 7

BAC

Back 7

Budgeted At Completion

The end point of the PV curve; the total budget.

Front 8

BD

Back 8

Baseline Duration

The planned duration of the project.

Front 9

EAC

Back 9

EAC = BAC / CPI

Estimate At Completion

What the project will cost, based on how the project is going, cost-wise.

Front 10

CV

Back 10

CV = EV - AC

Cost Variance

Measures cost variance in $

Front 11

PV

Back 11

Planned Value

The line that shows how much is budgeted over the life of the project.

Front 12

Float

Back 12

Forward pass = ls - es

Backward pass = lf - ef

Front 13

Early Finish (of project)

Back 13

(Early Start + Duration) - 1

Front 14

Late Start (of project)

Back 14

Early Start + Float

Front 15

Late Finish (of project)

Back 15

(Late Start + Duration) - 1

Front 16

PERT

Back 16

(P + 4M + O) / 6

Front 17

Triangulation Estimate (beta estimate)

Back 17

(P + M + O) / 3

Front 18

Standard Deviation Estimate

Back 18

(P - O) / 6