How to remember EAC formulas in Earned Value Management
Pieter Rademeyer Pieter Rademeyer
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 Published On Feb 22, 2023

Example 1 - EVM made easy (YouTube Link:    • Example 1 Earned Value Management Mad...  )
Example 2 - EVM made easy (YouTube:    • Example 2 Earned Value Management Mad...  )
Example 3 - EVM at Task Level to Project Level fully explained:    • Example 3 - EVM at Task Level to Proj...  
Microsoft Project; Earned Value Analysis - Example 1 (   • MS Project - Earned Value Analysis - ...  )
   / @pieterrademeyer1   (Visit my Channel for Project Management topics and videos)

Easy understand and remember Estimate at Completion (EAC) formulas when you do forecasting in Earned Value Management (EVM). The video also explains where the formula EAC = BAC/CPI comes from. Some of the abbreviations used in the formulas are actual cost (AC), estimate to complete (ETC), budget at completion (BAC), earned value (EV), cost performance index (CPI), and schedule performance index (SPI). The basic Estimate at Completion formulas discussed in the video are:
1. EAC = AC + ETC
2. EAC = AC + bottom-up ETC, detail cost of all remaining work
3. EAC = AC + (BAC - EV), future work done at planned rate
4. EAC = AC + (BAC - EV)/(CPI x SPI), CPI & SPI influence remaining work
5. EAC = AC + BAC/CPI, CPI is the same for remainder of work
This video will also be helpful for the PMP exam preparation.

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