Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
18 Cards in this Set
- Front
- Back
EV
(budgeting) |
EV = % complete x BAC
Budgeted cost of the work performed so far. Used to track overall completion of a project. EV is a calculated value, not the actual expense. |
|
SV
|
SV = (EV - PV)
Schedule Variance Measures schedule variance in $ (how many $ are you ahead / behind schedule). |
|
AC
|
Actual Cost
|
|
CPI
|
CPI = EV / AC
Cost Performance Index Measures cost variance as a % |
|
SPI
|
SPI = EV / PV
Schedule Performance Index Measures schedule variance as a % |
|
RTD
|
RTD = BD / SPI
Revised Total Duration The projected duration based on how the project is actually going, schedule-wise. |
|
BAC
|
Budgeted At Completion
The end point of the PV curve; the total budget. |
|
BD
|
Baseline Duration
The planned duration of the project. |
|
EAC
|
EAC = BAC / CPI
Estimate At Completion What the project will cost, based on how the project is going, cost-wise. |
|
CV
|
CV = EV - AC
Cost Variance Measures cost variance in $ |
|
PV
|
Planned Value
The line that shows how much is budgeted over the life of the project. |
|
Float
|
Forward pass = ls - es
Backward pass = lf - ef |
|
Early Finish (of project)
|
(Early Start + Duration) - 1
|
|
Late Start (of project)
|
Early Start + Float
|
|
Late Finish (of project)
|
(Late Start + Duration) - 1
|
|
PERT
|
(P + 4M + O) / 6
|
|
Triangulation Estimate (beta estimate)
|
(P + M + O) / 3
|
|
Standard Deviation Estimate
|
(P - O) / 6
|