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Key Formulas and Calculations Flashcards
| Front | Back |
| Break-Even Point Formula | Break-Even = Fixed Costs ÷ (Price per Unit - Variable Cost per Unit) |
| Cost Performance Index (CPI) Formula | CPI = EV ÷ AC |
| Cost Variance (CV) Formula | CV = EV - Actual Cost (AC) |
| Critical Path Calculation | Longest Path with Zero Slack |
| Earned Value (EV) Formula | EV = % Complete × Budget at Completion (BAC) |
| Estimate at Completion (EAC) Formula (CPI-based) | EAC = BAC ÷ CPI |
| Estimate to Complete (ETC) Formula | ETC = EAC - AC |
| Expected Activity Duration Formula (PERT) | Expected Duration = (Optimistic + 4 × Most Likely + Pessimistic) ÷ 6 |
| Float Calculation | Float = Late Start - Early Start or Float = Late Finish - Early Finish |
| Future Value (FV) Formula | FV = PV × (1 + r)^n |
| Number of Communication Channels Formula | Channels = n(n-1)/2 |
| Point of Total Assumption (PTA) Formula | PTA = Target Cost + (Ceiling Price - Target Price) ÷ Buyer’s Share Ratio |
| Present Value (PV) Formula | PV = FV ÷ (1 + r)^n |
| Risk Probability and Impact Matrix Calculation | Risk Score = Probability × Impact |
| Schedule Performance Index (SPI) Formula | SPI = EV ÷ PV |
| Schedule Variance (SV) Formula | SV = EV - Planned Value (PV) |
| Standard Deviation (SD) Formula | SD = (Pessimistic - Optimistic) ÷ 6 |
| To-Complete Performance Index (TCPI) Formula (BAC-based) | TCPI = (BAC - EV) ÷ (BAC - AC) |
| To-Complete Performance Index (TCPI) Formula (EAC-based) | TCPI = (BAC - EV) ÷ (EAC - AC) |
| Variance at Completion (VAC) Formula | VAC = BAC - EAC |
Front
Risk Probability and Impact Matrix Calculation
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Back
Risk Score = Probability × Impact
Front
Variance at Completion (VAC) Formula
Back
VAC = BAC - EAC
Front
Estimate to Complete (ETC) Formula
Back
ETC = EAC - AC
Front
Estimate at Completion (EAC) Formula (CPI-based)
Back
EAC = BAC ÷ CPI
Front
Float Calculation
Back
Float = Late Start - Early Start or Float = Late Finish - Early Finish
Front
Cost Performance Index (CPI) Formula
Back
CPI = EV ÷ AC
Front
Critical Path Calculation
Back
Longest Path with Zero Slack
Front
Schedule Performance Index (SPI) Formula
Back
SPI = EV ÷ PV
Front
Expected Activity Duration Formula (PERT)
Back
Expected Duration = (Optimistic + 4 × Most Likely + Pessimistic) ÷ 6
Front
Break-Even Point Formula
Back
Break-Even = Fixed Costs ÷ (Price per Unit - Variable Cost per Unit)
Front
Future Value (FV) Formula
Back
FV = PV × (1 + r)^n
Front
Number of Communication Channels Formula
Back
Channels = n(n-1)/2
Front
Schedule Variance (SV) Formula
Back
SV = EV - Planned Value (PV)
Front
Present Value (PV) Formula
Back
PV = FV ÷ (1 + r)^n
Front
To-Complete Performance Index (TCPI) Formula (BAC-based)
Back
TCPI = (BAC - EV) ÷ (BAC - AC)
Front
Earned Value (EV) Formula
Back
EV = % Complete × Budget at Completion (BAC)
Front
Cost Variance (CV) Formula
Back
CV = EV - Actual Cost (AC)
Front
Point of Total Assumption (PTA) Formula
Back
PTA = Target Cost + (Ceiling Price - Target Price) ÷ Buyer’s Share Ratio
Front
Standard Deviation (SD) Formula
Back
SD = (Pessimistic - Optimistic) ÷ 6
Front
To-Complete Performance Index (TCPI) Formula (EAC-based)
Back
TCPI = (BAC - EV) ÷ (EAC - AC)
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This deck focuses on essential formulas for cost, time, quality, and risk management, such as Earned Value Management (EVM), Critical Path Method (CPM), and communication channels calculation.