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Basic PMP Formulasrt
Basic PMP Formulasrt
BAC /
ETC =
VAC =
EAC BAC -
AC
EAC
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
Ok lets build this. First is to see the pattern of 2 subtractions, 3 divides, 2 subtractions
BAC /
ETC =
VAC =
EAC BAC -
AC
EAC
Next see the pattern of Variance and Index. Cost, Schedule and Cost, Schedule.
BAC /
ETC =
VAC =
EAC BAC -
AC
EAC
Next see the pattern of Earned Value (EV). This used to be BCWP.
BAC /
ETC =
VAC =
EAC BAC -
AC
EAC
Next see the pattern of Actual Cost (AC) and Planned Value (PV) and how they alternate. Skip a line and its AC again.
BAC /
ETC =
VAC =
EAC BAC -
AC
EAC
Next see the pattern of Estimated at Completion (EAC). As well as Budget at Completion (BAC)
BAC /
ETC =
VAC =
EAC BAC -
AC
EAC
Not much left. Notice that CPI is divisor of EAC so find CPI skip a line and place it at the end of EAC formula. ETC and VAC dont really match to anything, you just have to know where they go.
BAC /
ETC =
VAC =
EAC BAC -
AC
EAC
BAC /
This may look confusing but it worked great for me and I have had others tell me it worked for them as well.
ETC =
VAC =
EAC BAC -
AC
EAC