PMP Exam Prep - Earned Value - CV and CPI
PMP Exam Preparation Formulas
EARNED VALUE MANAGEMENT FORMULAS:
1. Three key dimensions of EVM - PV, AC, EV, BAC: • PMP Exam Prep - Earned Value - PV, AC...
2. CV and CPI
3. SV and SPI: • PMP Exam Prep - Earned Value - SV and...
4. EAC, ETC, and VAC: • PMP Exam Prep - Earned Value - EAC, E...
5. TCPI: • PMP Exam Prep - Earned Value - TCPI
6. Easy way to remember EAC formulas: • PMP Exam Prep - Easy way to remember ...
Earned Value Management Acronyms:
PV - Planned Value
AC - Actual Cost
EV - Earned Value
BAC - Budget at Completion
CV - Cost Variance
CPI - Cost Performance Index
SV - Schedule Variance
SPI - Schedule Performance Index
EAC - Estimate at Completion
ETC - Estimate to Complete
VAC - Variance at Completion
TCPI - To Complete Performance Index
This video explains and provide detail for your PMP Exam Prep on the cost variance (CV) formula, and the cost performance index (CPI) formula in earned value management (EVM).