Project Management
Important Equations for the Final and Assignment Test
Mahesh Kodituwakku
EV = budget cost * % of work done
Scheduled Variance SV = EV - PV
If SV < 0 Project is behind the Scheduled
Cost Variance CV = EV - AC
If CV < 0 Cost over run
Account Variance AV = PV - AC
Difference between current budget and the actual expenditure
Performance Index
Scheduled Performance Index SPI = EV / PV
Cost Performance Index CPI = EV / AC
If SPI and CPI >1.0
Work head of scheduled and under budget
Study following details given below and find the EV,SV,CV,AV ,SPI and CPI of the project
Answer
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