Question: use this formulas please 3. You have a planned value of $7,500 on your project, and you have a calculated SPI of 1.44. Your actual

use this formulas please use this formulas please 3. You have a planned

3. You have a planned value of $7,500 on your project, and you have a calculated SPI of 1.44. Your actual cost is $11,250. What is your CPI? (2 points) PC-EVM Handy Formulas EVM Techniques Planned Value (PV): The budgeted cost of what was planned to be done. Also called BCWS, or Budgeted Cost of Work Scheduled. Earned Value (EV): The budgeted cost of what was actually done. Also called BCWP, or Budgeted Cost of Work Performed. Calculated as EV =% Complete X Budget Actual Cost (AC): The actual cost of work done. Also called ACWP, or Actual Cost of Work Performed. BAC: Budget At Completion EAC: Estimate At Complete ETC: Estimate To Complete TAB: Total at Billing Terms (also Total Price or Total Revenue or Client Revenue) EAC: Project To Date (PJTD) Cost + ETC EAC: AC/%C Cost Variance (CV): EV - AC Schedule Variance (SV): EV - PV Cost Performance Index (CPI): EV / AC; >1.0= under budget, 1.0=a head of schedule,

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