Question: PERT / Three-point estimate (TE) - Pessimistic (a), Likely (b), Optimistic (c) TE = 4+4b+C 6 Activity Cost Slope = Crash Cost - Normal Cost

PERT / Three-point estimate (TE) - Pessimistic (a), Likely (b), Optimistic (c) TE = 4+4b+C 6 Activity Cost Slope = Crash Cost - Normal Cost Normal Time - Minimum or Crash Time Earned Value Planned Value = PV Earned Value = EV Actual Cost = AC Cost Performance Index (CPI) = EV / AC Schedule Performance Index (SPI) = EV / PV Estimated Time to completion = (1/SPI) Project Length Estimated Cost to Completion = (1/CPI) x Original Budget

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