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When memorizing the
formulas I have found
it best to look for
patterns. When I see
the correct pattern I
know the formula is
correct.
AC = ACWP
PV = BCWS
EV = BCWP
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Äk lets build this.
First is to see the
pattern of 2
subtractions, 3
divides, 2
subtractions
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vext see the pattern
of Variance and
Index.
Cost, Schedule and
Cost, Schedule.
|
vext see the pattern
of Earned Value (EV).
This used to be
BCWP.
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vext see the pattern
of Actual Cost (AC)
and Planned Value
(PV) and how they
alternate. Skip a line
and its AC again.
|
vext see the pattern
of Estimated at
Completion (EAC).
As well as Budget at
Completion (BAC)
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vot much left. votice
that CPI is divisor of
EAC so find CPI skip
a line and place it at
the end of EAC
formula.
ETC and VAC don¶t
really match to
anything, you just
have to know where
they go.
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This may look
confusing but it
worked great
for me and I
have had
others tell me it
worked for
them as well.
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ß Communication Channels: v(v )/2
ß Pert Mean: (Pessimistic + 4*Most Likely +
Äptimistic) / 6
ß Standard Deviation: (Pessimistic ± Äptimistic) / 6
ß Variance: ((Pessimistic ± Äptimistic) / 6) squared
ß Present Value or PV: Future Value / (+ rate of
return) to the power of n. Where n = periods of
time.