Cloned from: PMP Formulas



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PV
BAC x Planned % Complete
EV
BAC x Actual % Complete
SPI
EV / PV
SV
EV - PV
CPI
EV / AC
CV
EV - AC
EAC
BAC / CPI
ETC
EAC - AC
VAC
BAC - EAC
BAC Definition
Budget at Completion. The total Budget for the project. How much you plan to spend on the project.
AC Definition
Actual Cost. The amount of money you spent so far. Actual cost spent on a project.
PV Definition
Planned Value. How much of the budget you plan on using.
EV Definition
Earned Value. How the project is doing versus the budget. How much of your project value have been delivered to the customer so far.
SPI Definition
Schedule Performance Index. Are you ahead or behind schedule.
SV Definition
Schedule Variance. How much ahead or behind schedule
CPI Definition
Cost Performance Index. If you want to know if you're over or under budget.
CV Definition
Cost Variance. How above or below budget your project is.
EAC Definition
Estimate At Completion. To predict the total cost when the project is complete.
ETC Definition
Estimate To Complete. Tells you how much more money you'll spend on a project.
VAC Definition
Variance At Completion. Predicts what your variance will be when the project is done.
Present Value
FV /(1+r)↑n
x of y cards