Formulas Flashcards
(4 cards)
1
Q
Cost Variance
A
CV is the difference between Earned Value and Actual Cost
CV = EV - AC
2
Q
Schedule Variance
A
SV is the difference between Earned Value and the Planned Value
SV = EV - PV
3
Q
Cost Performance Index
A
CPI is the ratio of the earned value to the actual cost
CPI = EV/AC
4
Q
Schedule Performance Index
A
SPI is the ratio of earned value to the planned value
SPI = EV/PV
