EAC
This is a formal assessment of the contract-level Estimate at Completion, typically performed once per year
What is a comprehensive EAC?
Dividing BCWS from BCWP gives us what metric?
What is Schedule Performance Index (SPI)?
Established thresholds are tripped for the current period or cumulatively
This value tells us how efficient the program must be going forward to achieve the EAC
What is the TCPI?
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?
When are IEACs effective and provide a meaningful check?
between 20% and 80% of project completion, during the core execution phase.
(BAC - BCWP) / (EAC - ACWP) equals what metric?
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?