Project Management Calculations

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

Scheduled Performance Index, SPI=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