PMP Earned Value Formulas

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Cost Variance (CV) EV - AC Provides cost performance of the project. Helps determine if the project is proceeding as planned. Negative = over budget = bad Positive = under budget = good" Cost Performance Index (CPI) EV / AC Measure of cost efficiency on a project. Ratio of earned value to actual cost. 1 = good. We are getting $1 for every $1 spent. Funds are used as planned. >1 = good. We are getting >$1 for every $1 spent. Funds are used better than planned. <1 = bad. We ...

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PMP Earned Value Formulas • PMP Earned Value Formulas