BAC :Budget at Completion
EAC: Estimate at Completion
PV: Planned Value
EV: Earned Value
AC: Actual Cost
CV : Cost Variance
SV: Scheduled Variance
EV= BAC* % actual completed
PV=BAC * % planned /passed
CV= EV- AC
SV= EV- PV
SPI <1 means project is behind the schedule
Cost Performance Index CPI = EV/AC
CPI>1 Project is under budget
CPI <1 Project is over budget
EAC = BAC/ CPI
TCPI To Complete Performance Index= (BAC-EV) / (BAC-AC)
TCPI w.r.t EAC TCPI= (BAC-BCWP)/(EAC- ACWP)
BCWP = Budgeted Cost Work Performed
ACWP = Actual Cost Work Performed