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Project_Management_Metrics_Table_Guide

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4 views

Project_Management_Metrics_Table_Guide

abc

Uploaded by

chiakhoa712
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Project Management Metrics Table

Abbreviatio Name Definition Usage Formula Explanation


n

PV Plan value The budget The value of


allocated for work
work planned to
planned be
completed
by a certain
time

EV Earned The portion The value of EV = Total


value of work the work planned
performed completed at value of
measured by a point in completed
the budget time work
expended

AC Actual cost The actual The actual


cost cost of
incurred to completed
complete work up to a
work point in time

BAC Budget at Total budget Total


completion set for planned cost
completing to complete
all work the project

DAC Duration at Original


completion planned
time to
complete the
project

CV Cost Difference Indicates CV = EV - AC Positive =


variance between how much Under
earned value under or budget, Zero
and actual over budget = On budget,
cost the project is Negative =
Over budget
SV Schedule Difference Indicates SV = EV - PV Positive =
variance between how much Ahead of
earned value ahead or schedule,
and planned behind Zero = On
value schedule the schedule,
project is Negative =
Behind
schedule

VAC Variance at Forecasted Forecasts VAC = BAC - Positive =


completion budget the budget EAC Under
variance at deficit or budget, Zero
completion surplus at = On budget,
project Negative =
completion Over budget

CPI Cost Measure of CPI = EV / CPI > 1 =


performance cost AC Under
index efficiency budget, CPI
= 1 = On
budget, CPI
< 1 = Over
budget

SPI Schedule Measure of SPI = EV / SPI > 1 =


performance schedule PV Ahead of
index efficiency schedule,
SPI = 1 = On
schedule,
SPI < 1 =
Behind
schedule

EAC Estimate at Forecasted The EAC = BAC /


completion total cost at projected CPI
completion total cost
considering
performance
to date

EDAC Estimate Forecasted The EDAC =


duration at total projected DAC / SPI
completion duration at total
completion duration
considering
schedule
performance

ETC Estimate to Cost to Estimated ETC = EAC -


complete complete cost to AC
remaining complete
work remaining
tasks

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