PK0-004 FORMULAS CORRECTLY ANSWERED GRADED A+

PK0-004 FORMULAS CORRECTLY ANSWERED GRADED A+Estimate at Completion (EAC) An estimate of what it will cost to complete the project based on performance to date EAC = BAC/CPI Estimate to Complete (ETC) The expected cost to finish all the remaining project work. ETC=EAC-AC Variance at Completion (VAC) A projection of the amount of budget deficit or surplus, expressed as the difference between the budget at completion and the estimate at completion. BAC-EAC Cost Performance Index (CPI) The ratio of earned value to actual cost; can be used to estimate the projected cost to complete the project (>1 Good, <1 Bad) EV/AC Cost Variance (CV) The earned value minus the actual cost (+ Good, - Bad) EV-AC Schedule Variance (SV) The earned value minus the pl