PMP Exam Prep - EVM Graphs Interpretation
EARNED VALUE MANAGEMENT FORMULAS: 1. PV, AC, EV, and BAC: https://youtu.be/VcBrpaWccUo 2. CV and CPI: https://youtu.be/fe6uJWYS7zA 3. SV and SPI: https://youtu.be/qdhDd_jXLmw 4. EAC, ETC, and VAC: https://youtu.be/--bBlf6Kn1c 5. TCPI: https://youtu.be/xWAAuJO2AGI 6. Easy way to remember EAC formulas: https://youtu.be/4twNvZr2pYs This video shows you how to interpret the 13 different earned value management graphs in preparation for the PMP Exam Prep. (The 13 different combinations of planned value (PV) versus earned value (EV) versus actual cost (AC) in earned value analysis. Earned Value Management Acronyms: PV - Planned Value AC - Actual Cost EV - Earned Value BAC - Budget at Completion CV - Cost Variance CPI - Cost Performance Index SV - Schedule Variance SPI - Schedule Performance Index EAC - Estimate at Completion ETC - Estimate to Complete VAC - Variance at Completion TCPI - To Complete Performance Index Planned Value (PV) = Budgeted Cost of Work Scheduled (BCWS) Earned Value (EV) = Budgeted Cost of Work Performed (BCWP) Actual Cost (AC) = Actual Cost of Work Performed (ACWP) #pmpexam, #pmpexamprep, #pmpexamtips, #earnedvalue, #earnedvaluemanagement
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