Essential PMP Formulas
Critical Path formulas
Forward Pass: (Add 1 day to Early Start) EF = (ES + Duration - 1)
Backward Pass: (Minus 1 day to Late Finish)
LS = (LF - Duration + 1)
ES = Early Start; EF = Early Finish;
LS = Late Start; LF = Late Finish
EVA = Net Operating Profit After Tax - Cost of Capital (Revenue - Op. Exp - Taxes) - (Investment Capital X % Cost of Capital) EVA - Economic Value Add Benefit Measurement - Bigger is better
Source Selection = (Weightage X Price) + (Weightage X Quality)
All about EAC
Estimate At Completion (EAC)
EAC= AC + (BAC-EV)
(CPI*SPI)
Used when both Cost & Schedule performance are considered.
Estimate At Completion (EAC)
EAC=AC+BAC-EV
If project is A-Typical, Whatever has happened, Project will be on Budget.
Estimate At Completion (EAC)
EAC=AC+ETC
In case of Re-baseling
Estimate At Completion (EAC)
EAC=BAC
SPI
If Schedule Variance continues
Estimate At Completion (EAC)
EAC=BAC
CPI
If Cost Variance continues
Note: If any of the formulas are not accurate, and/or if you have additional formulas to add to this compilation, please contact us. Thank you.
Forward Pass: (Add 1 day to Early Start) EF = (ES + Duration - 1)
Backward Pass: (Minus 1 day to Late Finish)
LS = (LF - Duration + 1)
ES = Early Start; EF = Early Finish;
LS = Late Start; LF = Late Finish
EVA = Net Operating Profit After Tax - Cost of Capital (Revenue - Op. Exp - Taxes) - (Investment Capital X % Cost of Capital) EVA - Economic Value Add Benefit Measurement - Bigger is better
Source Selection = (Weightage X Price) + (Weightage X Quality)
All about EAC
Estimate At Completion (EAC)
EAC= AC + (BAC-EV)
(CPI*SPI)
Used when both Cost & Schedule performance are considered.
Estimate At Completion (EAC)
EAC=AC+BAC-EV
If project is A-Typical, Whatever has happened, Project will be on Budget.
Estimate At Completion (EAC)
EAC=AC+ETC
In case of Re-baseling
Estimate At Completion (EAC)
EAC=BAC
SPI
If Schedule Variance continues
Estimate At Completion (EAC)
EAC=BAC
CPI
If Cost Variance continues
Note: If any of the formulas are not accurate, and/or if you have additional formulas to add to this compilation, please contact us. Thank you.
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