Filed in Project Cost Management, March 28, 2010, 4:30 am calculating burn rate, earned value management, project budget, project management definitions, project management metrics. 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 Agile: Simple guide to creating a project burn-down chart Over the last few posts, I have been covering the reporting challenges for a PMO when the Agile project methodology is being used. One of the popular ways of representing progress being the use of project burn-down charts. Free Project Cost Management Questions, Free PMP Chapter 7 Questions, Free PMP Exam Questions Chapter 7 Project Cost Management, Free PMP Chapter 7 test Project Management Plan ; You are three months into a six month project. Assume the budget burn rate is constant. The budget at completion (BAC) is $120,000. AC = $65,000. The SPI = 1.2