Material
Performance for material can be earned no earlier than this point.
What is the point of the receipt.
Dividing BCWS from BCWP gives us what metric?
What is Schedule Performance Index (SPI)?
Established thresholds are tripped for the current period or cumulatively
Performance for material can be earned no later than this point
What is the point of consumption?
Dividing ACWP from BCWP gives us what metric?
What is Cost Performance Index (CPI)?
A VAR should address and explain these three things
What is the root cause?
What is the impact to the program?
What is the corrective action?
We may use these to simulate actuals in our cost system if they will not be recorded in our accounting system for some time
What are estimated actuals?
This metric indicates the level of cost efficiency required for the remaining project work in order to meet the current forecast.
What is the To Complete Performance Index (TCPI)?
This document should be printed and hanging in your office next to your computer instead of a photo of your family
What is the Earned Value Management Gold Card?