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US

2969698

Question | Answer |

BAC - Budget At Completion | Σ(PV) at project completion |

EV - Earned Value | % complete x BAC |

CV - Cost Variance | EV – AC (>0 is good) |

SV - Schedule Variance | EV – PV (>0 is good) |

CPI - Cost Performance Index | EV / AC (>1 is good) |

SPI - Schedule Performance Index | EV / PV (>1 is good) |

EAC - Estimate At Completion | AC / % Complete or 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) or (BAC—EV) / (EAC—AC) |

AC - Actual Cost | CV / (CPI - 1) |

PV - Planned Value | SV / (SPI - 1) |

Qualitative Risk Score | Probability x (Iscope + Itime + Icost + Iquality) |

EMV - Expected Monetary Value | Impact x Probability |

Communication Channels | N (N—1) / 2 N = # of stakeholders in the project |

1 Sigma = ? | 68.26% |

2 Sigma = ? | 95.46% |

3 Sigma = ? | 99.73% |

6 Sigma = ? | 99.999% |

Present Value (PV) | FV --------------- (1 + r) ^ n 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 (sigma) | (P-O) / 6 O = Optimistic P = Pessimistic |

Variance of Activity | (SD) ^ 2 |

Float | LS—ES = LF—EF LS = Late Start; LF = Late Finish ES = Early Start; EF = Early Finish |

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