Pmp Formulas Cheat Sheet Page 2

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by Edward Chung, PMP ( )
Name (Abbreviation)
Formula
Interpretation
Estimate at
EAC
= BAC/CPI
if the CPI would remain the same
Completion (EAC) if
till end of project, i.e. the original
BAC = Budget at completion
estimation is not accurate
CPI remains the
CPI = Cost performance index
same
EAC
= AC + (BAC -
EV)/(CPI*SPI)
Estimate at
AC = Actual Cost
use when the question gives all
Completion (EAC) if
the values (AC, BAC, EV, CPI
BAC = Budget at completion
substandard
and SPI), otherwise, this formula
is not likely to be used
EV = Earned Value
performance
CPI = Cost Performance Index
continues
SPI = Schedule Performance Index
TCPI
= (BAC – EV) /
(BAC – AC)
BAC = Budget at completion
EV = Earned value
AC = Actual Cost
To-Complete
< 1
Under
budget
= 1
On budget
Performance Index
> 1
Over budget
TCPI
= Remaining Work
(TCPI)
/Remaining Funds
BAC = Budget at completion
EV = Earned value
CPI = Cost performance index
ETC
= EAC -AC
Estimate to
EAC = Estimate at Completion
Completion
AC = Actual Cost

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