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BCWP
BCWS
ACWP
Comm
Formula
channels
n(n -1) /2
PERT
(O + 4ML + P)/6
Standard
deviation
P-O/6
3 point
estimates
(O + ML + P) /3
EV - PV
EV - AC
EV / PV
EV / AC
BAC / EAC
BAC - EV/BAC- AC
TCPI
VAC
ETC
BAC
EAC
BAC - EAC
EAC- AC
EAC*CPI
AC + ETC
AC+BAC-EV
AC + (BAC- EV/CPI) or
BAC/CPI
AC + (BAC- EV) / (CPI*SPI)
Percentage
Complete
Present
value of
money
EV/BAC x 100
FV/ (n + r/100)
Net present
value
PV income - PV costs
Benefit to
cost ratio
Benefit/cost
Opportunity
cost
Benefit to
cost ratio
Expected
monetary
value
Activity
duration
12/21/2015
AXP Internal
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project budget = mgmt reserve + Cost baseline = control accounts = work package estimate + co
activity cost estimate + activity contingency reserve
Formula
12/21/2015
AXP Internal
Page 2 of 5
Description
Budgeted of cost of work performed = Earned value
Budgeted of cost of work scheduled = Planned value
Actual cost of work performed = Actual cost
n = number of stakeholders
ML - Most likely
Pessimistic - Optimistic
cost of passing up the next best option. Ignore sunk costs if using opp cost
as proj selection.
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AXP Internal
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Critical path is always the longest path: you cant have float on critical path.
ance baseline is also known as performance measurement baseline
value is also referred to as performance measurement baseline
Total Planned value also known as BAC
ariance at equals
the endthe
of present
a projectvalue
can also
reflected
asatBAC
- AC
nvestment
of itsbecash
inflows
a discount
rate of eight
the highest IRR and should be chosen above the other two
elerated depreciation method. Each year of the useful life of the asset is given a
are summed and used as the denominator for a fraction of the asset's book value to
on. The numerator of the fraction for each year is the reverse of the years' sequence
9+10 = 55
useValue,
9/55, I=Interest(not
and so on.
nal
in %), n = Number of years.. FORMULAE PV = FV / (1 + i) n
EAC
When you want to forecast EAC based on the project manager's bottom-up ETC.
When variances are not expected to occur for the remainder of the project, so the
costs of future work are estimated to be the same as the budgeted costs.
SPI
When you want to take the cost performance of a project into account and assume its
current cost performance level won't change for the remainder of the project.
When you want to take both the schedule and cost performance of the project into
account, and the project schedule is a factor likely to impact the ETC.
12/21/2015
AXP Internal
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current
project cost
benefits
$255,000
2,880,000
352,000
130,000
1,827,300
124,000
84,000
106,750
68,000
780,000
600,000
44,000
$1,249,000
5,414,050
2940000
400000
100000
200000
100000
300000
134400
1234400
12/21/2015
900000
400000
240000
800000
2460000
AXP Internal
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