Analysis and Reporting Review

EAC

100

This is a formal assessment of the contract-level Estimate at Completion, typically performed once per year

What is a comprehensive EAC?

200

This value tells us how efficient the program must be going forward to achieve the EAC

What is the TCPI?

300

When are IEACs effective and provide a meaningful check?

between 20% and 80% of project completion, during the core execution phase.

Metrics

100

Dividing BCWS from BCWP gives us what metric?

What is Schedule Performance Index (SPI)?

200

Dividing ACWP from BCWP gives us what metric?

What is Cost Performance Index (CPI)?

300

(BAC - BCWP) / (EAC - ACWP) equals what metric?

To Complete Performance Index (TCPI)

VARs

100

A CAM must write a VAR if this happens

Established thresholds are tripped for the current period or cumulatively

200

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?

300

These are ways labor and material variances can be differentiated

Labor: rate vs volume
Material: price vs usage