Dear Group Member, Some Earned Value Formulas - PMP Study ---------------------------------------
The PMP exam is big on terminology. These are the basic Earned Value Terms you need to know. If you are studying to pass the PMP exam you should know these by heart and be able to derive them in case you are heartbroken. They really are fairly simple. In order from first to last: BAC = Budget at Completion (Project budget) AC = Actual Cost of the Work Performed EV = Earned Value EV = Budgeted Cost of the Work Performed EV = % complete times BAC PV = Planned Value PV = Budgeted Cost of the Work Scheduled CV = Cost Variance CV = EV – AC CPI = Cost Performance Index CPI = EV/AC SV = Schedule Variance SV = EV – PV SPI = Schedule Performance Index SPI = EV/PV EAC = Estimate at Completion EAC = BAC/CPI ETC = Estimate to Complete ETC = EAC – AC VAC = Variance at Completion VAC = BAC – EAC Note that the acronyms are slightly different from what was used a few years ago and is still widely used by old timers. PMI simplified the terms by dropping a letter here and there. The fundamentals are the same though. GoodLuck, PMP Resources P.S: HIGH DEMAND RESOURCES FOR PMP EXAM Get Least Expensive 35 Contact Hours from the comfort of your home http://pm-best.com/page.php?2 ---->Discount Resources<---- Link shorten for your convenience 'Feel free to share it, tweet it, blog it' http://bit.ly/pmbootcamp 2400+ PMP(r) New Simulated Question Banks http://bit.ly/pmprepcast PM PrepCast Get 35hrs-Cheapest Way http://bit.ly/pmformulas PMP(r) Exam Formula Study Guide http://bit.ly/pmflashcard Over 1750+ PMP(r) Exam Flash Cards http://bit.ly/ritatestdisc Rita Simulation Fastrack Discount http://bit.ly/certtest4thedi Cert Champ PMP Exam 4th Ed Test Free http://bit.ly/ritabkdisc Rita Mulcahy PM Prep http://bit.ly/pmbokbkdisc PMBOK(c) 4th Edition http://bit.ly/pmbokqadisc PMBOK(c) PMI's Official Qs Ans http://bit.ly/crossbkdisc CrossWind PMP Exam Success Series http://bit.ly/kimguidebkdisc Kim Heldman - PM Study Guide http://bit.ly/pmstar PM-Star - Gear Up for PMP Exam (Qs & Training) http://tinyurl.com/456so Lowest Price PMP Resources -- You received this message because you are subscribed to the Google Groups "project managment" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/project-managment?hl=en.
