ETC = BAC EV Assumes future work to be

performed as budgeted
ETC (for atypical variance) Estimate To Complete
Formula Description Abbreviation Variable
ETC = (BAC EV) / CPI Assumes past performance to
continue throughout
ETC (for typical variance)
TCPI = (BAC EV) / (BAC AC)
or TCPI = (BAC EV) / (EAC AC)
Cost performance necessary to
achieve BAC or EAC goal
Work remaining divided by funds
remaining
TCPI To-Complete Performance Index
VAC = BAC EAC Forecast of variance VAC Variance At Completion
EAC = AC + (BAC EV) / CPI
or EAC = BAC / CPI
Assumes past performance to
continue throughout
EAC (for typical variance)
EAC = AC + BAC EV Assumes future work to be
performed as budgeted
EAC (for atypical variance)
AC + Bottom-up ETC Use when original est. is flawed EAC Estimate At Completion
Budget assigned for work BAC Budget At Completion
SPI = EV / PV Measure of schedule efficiency SPI Schedule Performance Index
SV = EV PV Measure of schedule performance SV Schedule Variance
CPI = EV / AC Measure of cost efficiency CPI Cost Performance Index
CV = EV AC Measure of cost performance CV Cost Variance
Budget assigned for work
performed
PV Planned Value
Value of work performed EV Earned Value
Actual cost incurred for work
performed
AC Actual Cost
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Formulas Formulas
TM TM
Formulas Formulas
TM TM TM TM The ultimate PMP

reference sheet.
2009 Q'vive, LLC Eric van der Meulen, PMP

All rights reserved www.qvive.biz info@qvive.biz "PMBOK" and "PMP" are registered marks of Project Management Institute, Inc.
90 % Project Manager Communication
n(n-1) / 2 n = # of stakeholders Communication channels
Probability Impact EMV Expected Monetary Value
Formula Abbreviation Variable
1 = 68.26 % 3 = 99.73 %
2 = 95.46 % 6 = 99.99985 %
1 standard deviation =
1 STD = 1 sigma = 1
Normal Distribution
+/- 50% from actual Rough Order of Magnitude Estimating in Initiating
-10% to +25% from actual Budgetary / Top Down /
Analogous
Estimating early in Planning
-5% to +10% or +/-10% from actual Definitive / Bottom-up Estimating late in Planning
P + 4M + O P = pessimistic, M = most likely, O = optimistic
6
PERT (Program Evaluation
and Review Technique)
Three point estimate for activity
duration, weighted average
(PERT
1
+ PERT
2
+ PERT
3
+ ) + (# of sigmas STD
project
) critical path activities only: Project Duration
Var
1
+ Var
2
+ Var
3
+ STD
project
(or
project
) Standard Deviation of Project
((P O) / 6)
2
Var
activity
(or
2
activity
) Variance of Activity
(P O) / 6 STD
activity
(or
activity
) Standard Deviation of Activity
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PFS09106