flashcards3.csv

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Anonymous
ID:
292327
Filename:
flashcards3.csv
Updated:
2015-01-02 11:00:37
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project management formulas
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Description:
Formulas for Project Management Exam
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  1. Name (Abbreviation)
    Formula
  2. No. of Communication Channels
    n (n-1)/2
  3. n = number of members in the team
  4. Schedule Performance Index (SPI)
    SPI = EV/PV
  5. EV = Earned Value
  6. PV = Planned Value
  7. Cost Performance Index (CPI)
    CPI = EV/AC
  8. EV = Earned Value
  9. AC = Actual Cost
  10. Schedule Variance (SV)
    SV = EV – PV
  11. EV = Earned Value
  12. PV = Planned Value
  13. Cost Variance (CV)
    CV = EV – AC
  14. EV = Earned Value
  15. AC = Actual Cost
  16. Estimate at Completion (EAC) if original is flawed
    EAC = AC + New ETC
  17. AC = Actual Cost
  18. New ETC = New Estimate to Completion
  19. Estimate at Completion (EAC) if BAC remains the same
    EAC = AC + BAC – EV
  20. AC = Actual Cost
  21. BAC = Budget at completion
  22. EV = Earned Value
  23. Estimate at Completion (EAC) if CPI remains the same
    EAC = BAC/CPI
  24. BAC = Budget at completion
  25. CPI = Cost performance index
  26. Estimate at Completion (EAC) if substandard performance continues
    EAC = AC + (BAC -EV)/(CPI*SPI)
  27. AC = Actual Cost
  28. BAC = Budget at completion
  29. EV = Earned Value
  30. CPI = Cost Performance Index
  31. SPI = Schedule Performance Index
  32. To-Complete Performance Index (TCPI)
    TCPI = (BAC – EV)/
  33. (BAC – AC)
  34. BAC = Budget at completion
  35. EV = Earned value
  36. AC = Actual Cost
  37. TCPI = Remaining Work
  38. /Remaining Funds
  39. BAC = Budget at completion
  40. EV = Earned value
  41. CPI = Cost performance index
  42. Estimate to Completion 
    ETC = EAC -AC
  43. EAC = Estimate at Completion
  44. AC = Actual Cost
  45. Variance at Completion
    VAC = BAC – EAC
  46. BAC = Budget at completion
  47. EAC = Estimate at Completion
  48. PERT Estimation
    (O + 4M + P)/6
  49. O= Optimistic estimate
  50. M= Most Likely estimate
  51. P= Pessimistic estimate
  52. Standard Deviation
    (P – O)/6
  53. O= Optimistic estimate
  54. P= Pessimistic estimate
  55. Float/Slack
    LS – ES
  56. LS = Late start
  57. ES = Early start
  58. LF – EF
  59. LF = Late finish
  60. EF = Early finish

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