Control Cost EVM Formula

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anand.sutar
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Control Cost EVM Formula

Postby anand.sutar Sun Jan 06, 2019 2:28 am

Dear Manish Sir,
regarding Control Cost EVM Formula specially EAC
After going thru Saket Sir old video on EVM and your suggestions of forum,

I considered below conditions as per four formulas,
EAC=BAC/CPI
When to use conditions
1. If question giving sufficient hint about, current CPI will not change in future and it will be remain same.
2. No any corrective action taken by PM to adjust CPI though it’s showing overcost, like EV are less than AC.

EAC=AC+ (BAC-EV)
When to use conditions
1. If question giving sufficient hint about, current CPI will be change in future and it will be not remain same.
2. Any corrective action taken by PM or willing to take action to adjust CPI, to reduce over cost in future.
3. Corrective action may be reflected in view of EV are greater than AC.


EAC=AC+ ETC
When to use conditions
1. Sufficient hint in question that new ETC is suggested to calculate EAC.

EAC=AC+ ((BAC-EV)/CPI x SPI)
When to use conditions
1. Sufficient hint about CPI and SPI, will be mentioned in question or any synonyms used for CPI and SPI.

Please let me know any corrections.

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