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  • Formula AC: (Return To Top)

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    ranjit12345
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    The document defines various formulas used in project management, including formulas for actual cost, budget at completion, communication channels, cost to buy, cost performance index, cost variance, estimate at completion, expected monetary value, estimate to complete, earned value, float, normal distribution, PERT analysis, present value, point of total assumption, planned value, return on investment, standard deviation, schedule performance index, schedule variance, to-complete cost performance index, variance at completion, and variance of activity.

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    Pmp Formulas

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    The document defines various formulas used in project management, including formulas for actual cost, budget at completion, communication channels, cost to buy, cost performance index, cost variance, estimate at completion, expected monetary value, estimate to complete, earned value, float, normal distribution, PERT analysis, present value, point of total assumption, planned value, return on investment, standard deviation, schedule performance index, schedule variance, to-complete cost performance index, variance at completion, and variance of activity.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    53 views5 pages

    Formula AC: (Return To Top)

    Uploaded by

    ranjit12345
    The document defines various formulas used in project management, including formulas for actual cost, budget at completion, communication channels, cost to buy, cost performance index, cost variance, estimate at completion, expected monetary value, estimate to complete, earned value, float, normal distribution, PERT analysis, present value, point of total assumption, planned value, return on investment, standard deviation, schedule performance index, schedule variance, to-complete cost performance index, variance at completion, and variance of activity.

    Copyright:

    Attribution Non-Commercial (BY-NC)
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    Download as docx, pdf, or txt
    of 5

    Formula AC

    Definition

    Actual Cost = CV (CPI - 1)

    Formula BAC

    Definition

    Budget At Completion = (PV) at project completion

    Formula Communication Channels

    Definition

    = (N * (N - 1)) 2 N = Number of Stakeholders

    [ Return to Top ]

    Formula Cost To Buy

    Definition

    = Initial Cost + # of Months * Monthly Maintenance Costs

    Formula CPI

    Definition

    Cost Performance Index = EV AC Cost Peformance Index Values > 1 => Good

    Formula CV

    Definition

    Cost Variance = EV - AC Cost Variance Values > 0 => Good

    [ Return to Top ]

    Formula EAC

    Definition

    Estimate at Completion = AC + bottom-up ETC = AC % Complete = BAC Cummulative CPI = AC + (BAC - EV) = AC + [(BAC - EV) (Cummulative CPI x Cummultive SPI)]

    Formula EMV

    Definition

    Expected Monetary Value = Impact * Probability

    Formula ETC

    Definition

    Estimate to Complete = EAC - AC

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    Formula EV

    Definition

    Earned Value Budgeted Cost of Work Performed(BCWP) = % complete * BAC = % complete * PV

    Formula

    Definition

    Float

    = LS - ES = LF - EF LS = Late Start ES = Early Start LF = Late Finish EF = Early Finish

    Formula Normal Distribution

    Definition

    1 SD = 1 Sigma 1 Sigma = 68.26% 2 Sigma = 95.46% 3 Sigma = 99.73% 6 Sigma = 99.999%

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    Formula PERT Analysis

    Definition

    = (O + 4M + P) 6 O = Optimistic Estimate M = Most Likely Estimate P = Pessimistic Estimate

    Formula Present Value

    Definition

    = FV ((1 + r)^n) FV = Future Value r = Rate of Interest n = number of time periods

    Formula PTA

    Definition

    Point of Total Assumption

    = ((Ceiling Price - Target Price) Buyer's Share Ratio) + Target Cost


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    Formula PV

    Definition

    Planned Value = SV (SPI - 1)

    Formula ROI

    Definition

    Return on Investment = Net Benefits Net Cost

    Formula SD

    Definition

    Standard Deviation of the Activity

    = (P - O) 6 O = Optimistic Estimate P = Pessimistic Estimate


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    Formula SPI

    Definition

    Schedule Performance Index = EV PV Schedule Performance Index Values > 1 => Good

    Formula

    Definition

    SV

    Schedule Variance = EV - PV Schedule Variance Values > 0 => Good

    Formula TCPI

    Definition

    To-complete Cost Performance Index = (BAC - EV) (BAC - AC) = (BAC - EV) (EAC - AC) = Remaining Work Remaining Budget TCPI Values < 1 => Good

    [ Return to Top ]

    Formula VAC

    Definition

    Variance at Completion = BAC - EAC

    Formula Variance of Activity

    Definition

    = ((P - O) 6) ^ 2 = (Standard Deviation of the Activity) ^ 2

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