Advertisement
Online Test Banks
Score higher
See Online Test Banks
eLearning
Learning anything is easy
Browse Online Courses
Mobile Apps
Learning on the go
Explore Mobile Apps
Dummies Store
Shop for books and more
Start Shopping

PMP Earned Value: Variances and Indexes

Part of the PMP Certification All-In-One For Dummies Cheat Sheet

On the PMP certification exam, you'll see five to ten questions on variances and indexes. Here's fundamental information that project managers need to determine cost and schedule variances and indexes.

  • For variance and indexes, always start with EV.

  • When looking for information on schedule, use PV.

  • When looking for information on cost, use AC.

  • For a variance, subtract.

    • SV = EV – PV

    • CV = EV – AC

    • Negative is bad; positive is good.

  • For an index, divide.

    • SPI = EV / PV

    • CPI = EV / AC

    • Less than 1.0 is bad, greater than 1.0 is good.

  • Add a Comment
  • Print
  • Share
blog comments powered by Disqus
Advertisement
Advertisement

Inside Dummies.com

Dummies.com Sweepstakes

Win an iPad Mini. Enter to win now!