8Fifteen PMP Study Group

Members of the Silicon Valley PMI Women Project Manager's Group who gather together to study for the PMP certifcation. Our goal is to finish the exam by the end of October 2004. The group was named after the date of our first meeting at the Bean Scene in Sunnyvale. Regular meeting is 9 am Sunday at Starbucks at the corner of Mathilda and El Camino in Sunnyvale. Last meeting held October 17th at Santa Clara Library.

Monday, October 04, 2004

Remembering Earned Value Formulae

Here is a way to remember at least 4 of the formulae.

Step 1
Write down each value (Cost Variance, Schedule Variance,

Cost Performance Index, Schedule Performance Index)

  • CV
  • SV
  • CPI
  • SPI
Step 2
Fill in the equal sign and EV

  • CV=EV
  • SV=EV
  • CPI=EV
  • SPI=EV

Step 3
Fill in the operands.  Two minus (-) and two divide (/)

  • CV=EV-
  • SV=EV-
  • CPI=EV/
  • SPI=EV/

Step 4
Fill in the last variable.  AC-PV-AC-PV

  • CV=EV-AC
  • SV=EV-PV
Hope this helps,



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