EVM Formulas I

Abbreviations I

100

BAC

Budget at Completion

200

PV

Planned Value

300

EV

Earned Value

400

AC

Actual Cost

500

CV

Cost Variance

Abbreviations II

100

CPI

Cost Performance Index

200

SV

Schedule Variance

300

SPI

Schedule Performance Index

400

EAC

Estimation at Completion

500

ETC

Estimation to Completion

Abbreviations III

100

VAC

Variance to Completion

200

TCPI

To Complete Performance Index

300

SPI

Schedule Performance Index

400

CPI

Cost Performance Index

500

BAC

Budget at Completion

Meanings I

100

Actual % of work (x) BAC

EV (Earned Value)

200

Budget minus New Forecasted Budget =

VAC (Variance at Completion)

300

Earned Value (EV) - Actual Cost (AC) =

CV (Cost Variance)

400

Earned Value (EV) / Actual Cost (AC) = 

CPI (Cost Performance Index)

500

Earned Value (EV) - Planned Value (PV) =

SV (Schedule Variance)

Meanings II

100

Earned Value (EV) / Planned Value (PV) =

Schedule Performance Index (SPI)

200

Budget at Completion / Cost Performance Index =

Estimate at Cost (EAC)

300

Estimate at Cost (EAC) - Actual Cost (AC) =

Estimate to Completion (ETC)

400

Budget at Completion - Estimate at Completion =

Variance at Completion (VAC)

500

(BAC - EV) / (BAC - AC) =

To Complete Performance Index (TCPI)