The document provides tips for memorizing formulas used in project management. It recommends looking for patterns among the formulas, such as similar variables or the order they appear. The writer finds it helpful to analyze pieces of the formulas individually, such as noticing the pattern of the cost and schedule variance formulas or identifying common variables. Breaking the formulas into these smaller patterns makes them easier to recall according to the author.
The document provides tips for memorizing formulas used in project management. It recommends looking for patterns among the formulas, such as similar variables or the order they appear. The writer finds it helpful to analyze pieces of the formulas individually, such as noticing the pattern of the cost and schedule variance formulas or identifying common variables. Breaking the formulas into these smaller patterns makes them easier to recall according to the author.
The document provides tips for memorizing formulas used in project management. It recommends looking for patterns among the formulas, such as similar variables or the order they appear. The writer finds it helpful to analyze pieces of the formulas individually, such as noticing the pattern of the cost and schedule variance formulas or identifying common variables. Breaking the formulas into these smaller patterns makes them easier to recall according to the author.
formulas I have found SV = EV - PV it best to look for CPI = EV / AC patterns. When I see the correct pattern I SPI = EV / PV know the formula is correct. EAC = BAC / CPI AC = ACWP PV = BCWS ETC = EAC - AC EV = BCWP VAC = BAC - EAC Formula Memorization Trick
CV = EV - AC Ok lets build this.
First is to see the SV = EV - PV pattern of 2 CPI = EV / AC subtractions, 3 divides, 2 SPI = EV / PV subtractions
EAC = BAC / CPI
ETC = EAC - AC VAC = BAC - EAC Formula Memorization Trick
CV = EV - AC Next see the pattern
of Variance and SV = EV - PV Index. CPI = EV / AC Cost, Schedule and Cost, Schedule. SPI = EV / PV EAC = BAC / CPI ETC = EAC - AC VAC = BAC - EAC Formula Memorization Trick
CV = EV - AC Next see the pattern
of Earned Value (EV). SV = EV - PV CPI = EV / AC This used to be BCWP. SPI = EV / PV EAC = BAC / CPI ETC = EAC - AC VAC = BAC - EAC Formula Memorization Trick
CV = EV - AC Next see the pattern
of Actual Cost (AC) SV = EV - PV and Planned Value CPI = EV / AC (PV) and how they alternate. Skip a line SPI = EV / PV and its AC again.
EAC = BAC / CPI
ETC = EAC - AC VAC = BAC - EAC Formula Memorization Trick
CV = EV - AC Next see the pattern
of Estimated at SV = EV - PV Completion (EAC). CPI = EV / AC As well as Budget at Completion (BAC) SPI = EV / PV EAC = BAC / CPI ETC = EAC - AC VAC = BAC - EAC Formula Memorization Trick
CV = EV - AC Not much left. Notice
that CPI is divisor of SV = EV - PV EAC so find CPI skip CPI = EV / AC a line and place it at the end of EAC SPI = EV / PV formula.
EAC = BAC / CPI ETC and VAC don’t
really match to ETC = EAC - AC anything, you just have to know where VAC = BAC - EAC they go. Formula Memorization Trick
CV = EV - AC This may look
confusing but it SV = EV - PV worked great for me and I CPI = EV / AC have had SPI = EV / PV others tell me it worked for EAC = BAC / CPI them as well.
ETC = EAC - AC VAC = BAC - EAC Other Formulas to Know
• Communication Channels: N(N-1)/2
• Pert Mean: (Pessimistic + 4*Most Likely + Optimistic) / 6 • Standard Deviation: (Pessimistic – Optimistic) / 6 • Variance: ((Pessimistic – Optimistic) / 6) squared • Present Value or PV: Future Value / (1+ rate of return) to the power of n. Where n = periods of time.