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Acronymes


Name Formula
Cost Variance

CV = EV - AC
(Positive = Under planned cost | Neutral = On planned cost | Negative = Over planned cost)


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Cost Performance Index

CPI = EV/AC

  • EV = Earned Value
  • AC = Actual Cost

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Estimate At Completion

1. BAC / CPI  — if CPI remains the same

  • BAC = Budget at completion
  • CPI = Cost performance index

2. AC + ETC — Initial Estimates are flawed

  • AC = Actual Cost
  • New ETC = New Estimate to Completion

3. AC + BAC – EV — if BAC remains the same

  • AC = Actual Cost
  • BAC = Budget at completion
  • EV = Earned Value

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Estimate To Completion

ETC = EAC -AC

  • EAC = Estimate at Completion
  • AC = Actual Cost

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Earned Value

EV  = Actual % complete x BAC

  • BAC = Budget At Completion

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Schedule Performance Index

SPI = EV/PV

  • EV = Earned Value
  • PV = Planned Value

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Schedule Variance

SV = EV – PV

  • EV = Earned Value
  • PV = Planned Value

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To-Complete Performance Index

TCPI = (BAC - EV)/(BAC - AC)

  • BAC= Budget at completion
  • EV = Earned Value
  • AC = Actual Cost

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Total Float

Float = LF – EF (or LS – ES)

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

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Variance at Completion

VAC = BAC – EAC

  • BAC = Budget at completion
  • EAC = Estimate at Completion

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PERT

PERT = (P + 4M + O )/ 6

  • O= Optimistic estimate
  • M= Most Likely estimate
  • P= Pessimistic estimate

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Standard Deviation (SD)

SD = (P – O) / 6

  • O= Optimistic estimate
  • P= Pessimistic estimate

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Free Float

Free Float = ES of the next activity - EF

  • EF= Early Finish
  • ES= Early Start

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Communication Channels

Communication Channels = n (n-1)/2

  • n = number of members in the team

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