Short forms

IPEMCC Process Groups Initiating

IST Knowledge
CQH Area
CRPS

Integration Manamgement
Indian CPM-MPC 1) Devlop Project Charter

Scope Management
SRS-WS2

Standard

Time Management
Time PAARASS

Calcutta
Cost Management
MCDCC

Q? Quality Management
PQC

Hai …
so new cities
Human Resource Management
PADMan

Cheenai Communication Managegment

PMC
Raipur Risk Management
Pune Procurment Management

Shimla Stakeholder Management 44) Identify Stakeholder

SPMC
Planning Executing

2) Develop Project Mgmt. Plan 3) Direct & Manage Proj. Mgmt. work

7) Plan Scope Management

8) Collect Requirements
9) Define Scope
10) Create WBS

13) Plan Schedule Management

14) Define Activities
15) Sequence Activities
16) Estimate Activity Resource
17) Estimate Activity Duration
18) Develop Schedule

20) Plan CostManagement

21) Estimate Cost
22) Determine Budget

24) Plan Quality Management 25) Perfrom Quality Assurance

28) Accquire Project Team
29) Develop Project Team
27) Plan Human Resource Management 30) Manage Project Team

31) PlanCommunication Management 32) Manage Communications

45) Plan Stakeholder Mgmt. 46) Manage Stakeholder Engagement

Monitoring and Controlling Closing

4) Monitor & Control Proj. work 6) Closing Project / Phase

5) Perfrom Integrated Change Control

11) ValidateScope
12) Control Scope

19) Control Schedule

23) Control Cost

26) Control Quality

33) Control Communications

47) Control Stakeholder Engagement

Short form statement
Indian Police Executing
IPE-MCC:
Maharashtra Cadet Course

CPM-MPC : Communist Party ( Marxist)- has one Member of Parliament from Calcutta:

S
SRS-WSS: oftware Requirement Specification for Windows School Software

PAARASS:

MCDCC: Magarpatta City Destination Center is Costly

PQC: Project Quality Control

PADMan :

PMC: Pune Munciple Corporation

S
SPMC: oftware Project Management Cycle
Short forms
IPEMCC Process Groups
IST Knowledge
CQH Area Initiating Initiating -Input
CRPS

SOW
Business Case
Agreements
Integration Manamgement EEF
Indian CPM-MPC 1) Devlop Project Charter OPA

Scope Management
Standard SRS-WS2

Time Time Management

Calcutta Cost Management
Q? Quality Management

Hai …
so new cities Human Resource Management
Communication Managegment
Cheenai PMC
Raipur Risk Management
Pune Procurment Management

Shimla
Stakeholder Management Identify Stakeholder
SPMC
 Initiating-Tools and Initiating-Output Planning
Technique

Expert Judgement Project Chater

Facilitation Techniques

2) Develop Project Mgmt. Plan

7) Plan Scope Management

8) Collect Requirements
9) Define Scope
10) Create WBS

13) Plan Schedule Management

14) Define Activities
15) Sequence Activities
16) Estimate Activity Resource
17) Estimate Activity Duration
18) Develop Schedule

Plan Stakeholder Mgmt.

 Planning- Tools and
Planning-Input Planning- Output
Technique

Project Charter Expert Judgement Project Mgmt. Plan

O/P from other processes Facilitation Techniques
EEF
OPA
 Executing- Tools and
Executing Executing- Input Technique

Project Mgmt. Plan Expert Judgement

Approved Chage Req. Meetings
EEF PMIS
Manage Proj.
3) Direct & OPA
Mgmt. work

Manage Stakeholder Engagement

 Executing- Output Monitoring and Controlling Input

Deliverables Proj. Mgmt Plan, OPA

Work Perfor. Data EEF
CR
Proj. Mgmt Plan updates
4) Monitor & Control Proj. work 4) Schedule, cost forcast
Validate change, WPI
Proj. doc. Update 5) WPR
5) Perfrom Integrated Change Control CR

11) ValidateScope
12) Control Scope

19) Control Schedule

Control Stakeholder Engagement

 Tools and Technique Output Closing

Expert Judgement, Proj. Mgmt. Plan update

Meetings Project Doc. Update
4) Analytical Techniques 4) Change Requests, WPR
PMIS 5) Approved CR, change log
5) Change Control tools 6) Closing Project / Phase
Input Tools and technique output
Short form statement
IPE-MCC: Indian Police
Executing Maharashtra Cadet Course

CPM-MPC : Communist Party ( Marxist)-

has one Member of Parliament
from Calcutta:

S
SRS-WSS: oftwareRequirement Specification
for Windows School Software

PMC: Pune Munciple Corporation

S
SPMC: oftware Project Management Cycle
Sr. No Term Short form Formula
1 Budgeted At Completion BAC Calculated using total budgted cost for project
2 Planned Value PV ( BCWS) PV= Planned % Complete X BAC
3 Earned Value EV ( BCWP) EV= Actual % complete X BAC
4 Actual Cost AC ( ACWP) AC= Sum of cost for the given period of time
5 Schedule Varaince SV SV = EV - PV

9 Schcedule Performance Index SPI SPI= EV / PV

6 Cost Variance CV CV= EV - AC

7 Cost Performance Index CPI CPI = EV/ AC

8 Cumulative CPI CPIc CPIc = EV c / ACc

10 Estimate At Completion EAC EAC= BAC /CPIc

11 Varaince at Completion VAC VAC = BAC - EAC

12 Estimate to completion ETC ETC = EAC - AC
13 To Complete perfromace index TCPIC TCPIC = (BAC-EV) : Remaining fund

EV= SPI X PV ( ifSPI given)

Comment
BCWS : Budgeted cost of work schedule
BCWP: Budgeted cost of work performed
ACWP: Actual cost of work performed
difference between plan and actual schedule
SPI >= 1 Good for project schedule
SPI < 1 is bad for schedule
difference btwn exectetd spent and actual spent
Positive value is good -ve value is bad
CPI>=1 good for sponsor
CPI<1 is bad
>>+ve is project is within budget
-ve is project is out of budget and cost is more
hi
E.g. 1 KM road cost = 15000000 8 month duration
BAC :20KM road = 20 X 15000000 = 300000000
PV = 300000000 X 0.25 = 75000000
EV=300000000 X 0.20 = 60000000
AC = 70000000 ( spent amount till date)
SV= 60000000 / 75000000 = -15000000
SPI= 60000000 / 75000000 = 0.8
CV= 60000000 - 70000000 = -10000000
CPI= 60000000 / 70000000 = 0.85
EAC = 300000000 / 0.85 = 352941176.47
VAC = 300000000 - 352941176 = -52941176
ETC = 352941176 - 70000000 = 282941176
8 Month / 2month = 25 % = 0.25 for PV calculation
after 2 month 4 KM road with 70000000 spending
20 KM / 4 KM = 5 ( 20% of actual work)

Negetive SV is bad project is not going well with planned schedule

reflect 80 % performance as per schedule. SPI >= 1 always good

EV- AC =

CPI >= 1 is always good CPI < 1 is bad project is not on track with cost
BAC $100000
PV $40000
EV $16000 100000 * 0.33
AC $35000
CV
SV
CPI
EAC
ETC
VAC
TCPIc