Details on Cost Management Terms. Part – 10: Project Cost Management
For now, this is just a placeholder post
Actual Cost: Money spent over the period
Cost Variance (CV): Difference between planned cost and actual cost. CV = EV – AC
Schedule Variance (SV): Difference between the planned schedule and actual schedule (as:Where the project is in the schedule). SV=EV-PV
Cost Performance Index (CPI): The rate at which the project cost is performing regarding cost expectations. CPI is done for a given period of time. CPI = EV/AC
Cumulative CPI: It’s the CPI from the project start time to a particular point in time. CCPI = CEV/CAC
From: http://sitestree.com/?p=11513
Categories:PMP – Project Management
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Post Data:2017-10-17 16:25:44
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