Tag Archives for " Earned Value Management "

Estimate to Complete – 3 ETC Formulas For The PMP Exam

estimate to complte

Estimate To Complete is a very important Earned Value Management (EVM) concept. In this post, I will define Estimate To Complete (ETC) and explain its utility in project management. Estimate To Complete Formulas and other Earned Value Formulas are important for the PMP exam. Most PMP Study Guides just list these formulas without really explaining […]

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Earned Value Management System Explained in Easy Language

Earned Value Management

Do you find Earned Value Management System a difficult concept? I generally ask the above question in my class before I start explaining what is Earned Value Management System. Usually I find most of the students have not even heard about Earned Value Management System, let alone gauge its difficulty. On the other hand, a small […]

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A brief history of Project Management

I found a small article on Internet that provides a brief history of Project Management in a succinct and lucid manner. I thought it would be worthwhile to share the article with my blog followers http://www.projectsmart.co.uk/brief-history-of-project-management.html  I feel there is two errors in the article. [custom_list icon=”arrow-circle-right” iconcolor=”#5e9c19″] The article attributes the creation of scheduling […]

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To Complete Performance Index – TCPI Formula & Calculations Explained

tcpi formula calculations (to complete performance index)

I have written this post to explain an important Earned Value Analysis concept viz. To Complete Performance Index (TCPI). In this post, you will find the definitions, formulas, calculation, and example of TCPI. You will also find about different TCPI formulas viz. BAC & EAC formulas, utility of TCPI in Project Management, difference between Cost […]

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Estimate At Completion – 5 EAC Formulas for The PMP Exam

estimate at completion eac formula

I have written this post to provide a detailed explanation of Estimate At Completion (EAC). In this post you will find definition, example, formulas, and calculations related to EAC. The PMBOK Guide describes 4 different Estimate At Completion formulas. In this post, I have extended the concept further to describe a generic equation and 5 […]

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