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All articles tagged with earned value management

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What Is Burn Rate?

Filed in Project Cost Management, March 28, 2010, 4:30 am , , , ,

The burn rate is a project management metric assessing the performance of the project with respect to the budget. A burn rate bigger than 1 indicates that the project is burning money faster than it should, a burn rate less than 1 indicates that the project is burning money slower than it originally planned. Burn Rate = 1/CPI = AC/EV.

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What Are the Earned Value Formulas?

Filed in Project Cost Management, December 6, 2009, 2:05 pm , , ,

Here are the different earned value formulas: CV = EV – AC, SV = EV – PV, CPI = EV / AC, SPI = EV / PV, EAC = BAC / CPI, ETC = EAC – AC, VAC = BAC – EAC