PMP® / CAPM® Formulas Cheat Sheet

Earned Value Management

BAC No Formula. Project % Σ
100
No Formula. It is sometimes expressed as a Complete 
PV %age of BAC. ETC = (BAC – EV) / CPI
No Formula. It is sometimes shown as a ETC = (BAC – EV)
EV %age of BAC or PV. ETC ETC = (BAC – EV) / CPIp
AC No Formula. EAC = AC + ETC
SV SV = EV – PV EAC = AC + (BAC – EV)
CV CV = EV – AC EAC = AC + (BAC – EV) / CPI
SPI SPI = EV / PV EAC = BAC / CPI
SPIC SPIC =∑EV / ∑PV EAC EAC = AC + [(BAC – EV) / (CPI * SPI)]
CPI CPI = EV / AC VAC VAC = BAC – EAC
CPIC CPIC = ∑EV / ∑AC TCPI = (BAC – EV) / (BAC – AC)
Budget % Σ TCPI TCPI = (BAC – EV) / (EAC – AC)
100
Spent 
Estimation
Earned Schedule Management E = (O + P + M) / 3
SVT ES - AT Triangular − + − −
SPIT ES / AT
= √
Dist. 18
PERT E = (O + P + 4*M) / 6
Network Diagram σ = (P – O) / 6
TF = LS – ES Range Est. R = E ± (n * σ)
Total Float TF = LF – EF Var. Var = σ2
Free Float FF = ESSuccessor – ESPresent – DurPresent Path Var. VarPath = ∑(Var)
Path St.

 = √
Project Selection Methods Deviation
PV = FV / (1 + r)n 1σ = 68.27%
PV / DCF PV = FV * DF 2σ = 95.45%
NPV NPV = ∑PV Sigma 3σ = 99.73%
ROI ROI = Return / Investment Values 4σ - 99.994%
BCR BCR = Benefits / Costs 5σ = 99.99994%
CBR CBR = Costs / Benefits 6σ = 99.999999%
IRR Formula not needed. Higher is better.
PP No formula. Lesser the better. Communication Channels
Opp Cost No formula. C = n*(n – 1) / 2

Expected Monetary Value Procurement

EMVR EMVR = P * I Pt. of Total  − 
 = + 
EMVP EMVP = ∑EMVR Assumption   !ℎ #$%&
Net Benefit Net Benefit = EMVP – Cost

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Copyright 2016-18 Version: 2.1

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 PMP® / CAPM® Formulas Cheat Sheet
Earned Value Management
BAC Budget At Completion CPI Cost Performance Index
PV Planned Value CPIC Cumulative Cost Performance Index
EV Earned Value CPIP Projected Future CPI
AC Actual Cost ETC Estimate To Complete
SV Schedule Variance EAC Estimate At Completion
CV Cost Variance VAC Variance At Completion
SPI Schedule Performance Index TCPI To Complete Performance Index
SPIC Cumulative Schedule Performance Index

Earned Schedule Management Network Diagram

SVT Schedule Variance (Time) TF Total Float
SPIT Schedule Performance Index (Time) FF Free Float
ES Earned Schedule ES Early Start
AT Actual Time LS Late Start
EF Early Finish
Estimation LF Late Finish
E Expected Value Dur Duration
O Optimistic Value
P Pessimistic Value Project Selection Methods
M Most Likely Value PV Present Value
SD or σ Standard Deviation or Sigma DCF Discounted Cash Flow
Var Variance of an Activity FV Future Value
VarPath Variance of a Network Path r Discount Rate
n Sigma multiplication Factor n Number of years
DF Discount Factor
Expected Monetary Value NPV Net Present Value
EMVR Expected Monetary Value for Risk ROI Return on Investment
P Probability BCR Benefit Cost Ratio
I Impact (Monetary Value) CBR Cost Benefit Ratio
EMVP Expected Monetary Value for Project IRR Internal Rate of Return
PP Payback Period
Procurement Opp. Cost Opportunity Cost
PTA Point of Total Assumption
CP Ceiling Price Communication Channels
TP Target Price C Number of Communication Channels
TC Target Cost n Number of Stakeholders

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Copyright 2016-18 Version: 2.1

https://www.pmbypm.com Release Date: November 22, 2018 2