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AC
 Actual Cost
 = CV / (CPI  1)

PV
 Planned Value
 = SV / (SPI  1)

BAC
 Budget At Completion
 = at project completion

EV
 Earned Value
 = % complete x BAC

CV
 Cost Variance
 = EV – AC (>0)

SV
 Schedule Variance
 = EV – PV (>0)

CPI
 Cost Performance Index
 = EV / AC (>1)

SPI
 Schedule Performance Index
 = EV / PV (>1)

EAC
 Estimate At Completion
 = AC / % Complete
 = BAC / CPI

ETC
 Estimate To Completion
 = EAC—AC

VAC
 Variance At Completion
 = BAC—EAC

TCPI
 To Complete Performance Index
 = Remaining Work / Remaining Budget
 = (BAC—EV) / (BAC—AC)
 = (BAC—EV) / (EACAC)

Qualitative Risk Score
= Probability x (I_{scope} + I_{time} + I_{cost} + I_{quality})

EMV
 Expected Monetary Value
 = Impact x Probability

EVM
Earned Value Management (EVM)

Normal Distribution
 Normal Distribution
 1 σ = 68.26%
 2 σ = 95.46%
 3 σ = 99.73%
 6 σ = 99.999%
Sigma = Standard Deviation = SD = σ

Present Value (PV)
 FV = Future Value
 r = Rate of Interest
 n = Number of Years

PERT
 Program Evaluation and Review Technique
 = (O+4M+P) / 6
 O = Optimistic
 P = Pessimistic
 M = Most Likely

SD of Activity (σ)
(PO) / 6
 O = Optimistic
 P = Pessimistic
 M = Most Likely

Variance of Activity
(SD)^{2}

Float
 LS = Late Start
 LF = Late Finish
 ES = Early Start
 EF = Early Finish

