1
Q
PV
A
Budgeted cost of scheduled work.
2
Q
EV
A
Budgeted cost of performed work.
3
Q
AC
A
Actual cost of performed work.
4
Q
Cost variance
A
CV = EV − AC.
5
Q
Schedule variance
A
SV = EV − PV.
6
Q
CPI
A
CPI = EV/AC.
7
Q
SPI
A
SPI = EV/PV.
8
Q
EAC (typical)
A
EAC = BAC/CPI.
9
Q
EAC (forecast)
A
EAC = AC + (BAC − EV).
10
Q
ETC
A
ETC = EAC − AC.
11
Q
VAC
A
VAC = BAC − EAC.
12
Q
CPI < 1
A
Over budget.
13
Q
CPI > 1
A
Under budget.
14
Q
SPI < 1
A
Behind schedule.
15
Q
SPI > 1
A
Ahead of schedule.
ELE510
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