Series of formulas to calculate the cost and schedule progression on the project. # Formulas - Budget at Completion (BAC) - Original budget of the project - Planned Value (PV) - Amount of money of work that should have been done - Planned % Complete * BAC - Earned Value (EV) - Amount of money of work actually done - Actual % complete * BAC - Actual Cost (AC) - Amount of money spent - Cost Variance (CV) - Difference between work done and money spent - EV - AC - Cost Performance Index (CPI) - Rate of how we are spending to actually earning on the project. This value should be 1 and over for projects under budget - EV / AC - Schedule Variance (SV) - Difference between work should be done and actually done - EV - PV - Schedule Performance Index (SPI) - The rate of how we are meeting the project schedule. The value is over 1 for a project ahead of the schedule - EV / PV - Estimate at Completion (EAC) - BAC / CPI - Estimate to Complete (ETC) - EAC - AC - Variance at Completion (VAC) - BAC - EAC - TCPI - (BAC - EV) / (BAC - AC)