The document discusses several project management techniques including risk exposure calculation, PERT estimation, schedule network analysis, earned value management, and estimates to complete. It provides the formulas to calculate risk exposure, PERT estimate, task float times, communication channels, planned value, earned value, cost and schedule variance, estimates to complete, and estimates at completion.
1. Risk of Occurrence % x Impact of Occurrence $ = Risk Exposure
Risk Exposure
Rick of Occurrence =
Impact of Occurrence
Pessimistic + 4(Most Likely) + Optimstic
PERT Estimate =
6
Schedule Network Analysis Diagram:
ES EF ------>
DU
LS LF <------
TF = LF - EF
FF = ES (Suc) - EF (Pre)
Communications = n (n-1)
Channel 2
Earned Value Management:
Planned Value (PV) = Time Value of Work Completed % x BAC
Earned Value (EV) = Amount of Work Done % x BAC
Cost Variance (CV) = EV - AC +1 = under budget
CPI = EV / AC
Schedule Variance (SV) = EV - PV
SPI = EV / PV + 1 = ahead of schedule
Est to Complete (ETC) = BAC - EV past not = to future performance
Est to Complete (ETC) = (BAC - EV) / CPI past = future performance
Est @ Complete (EAC) = AC + ETC past not = to future performance
Est @ Complete (EAC) = AC + BAC - EV past = future performance
Est @ Complete (EAC) = AC + ((BAC - EV) / CPI) past = future performance
Est @ Complete (EAC) = BAC / CPI past = future performance
TCPI based on BAC = (BAC - EV) / (BAC - AC)
TCPI based on EAC = (BAC - EV) / (EAC - AC)
TSPI = (BAC - EV) / (BAC - PV)