EVM Exercise 3 – How to Calculate the Estimates at Completion
In the third part of the exercise, I will show how to calculate the different estimates at completion.
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00:25 – Formulas for calculating the Estimates at Completion
02:00 – Calculating the Mathematical Estimate at Completion or Optimistic Estimate
03:20 – Calculating the CPI based estimate at completion or the Probable Estimate
04:10 – Calculating the CSI based estimate at completion or the Pessimistic Estimate
Based on the formulas to calculate the estimates at completion, we will apply this on the exercises in earned value management we started earlier
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