PMP Formulas

Description

PMP Formulas
Krunk!
Flashcards by Krunk!, updated more than 1 year ago
Krunk!
Created by Krunk! over 8 years ago
400
37

Resource summary

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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