Saturday, October 25, 2008

One Page Formula's for PMP Exam

From PMP Exam Resource, I have received the following email that I believe will be very valuable before taking PMP exam.:


Q U A L I T Y
-------------
CoQ = ( ( Review Efforts +  Test Efforts + Training Efforts + Rework Efforts + Efforts of Prevention) / Total Efforts) x 100 %

PERT  =    O + 4ML +  P 
           --------------
                 6
MEAN -> Average

MODE  -> The "most found" number

RANGE -> Largest - Smallest Measure.

MEDIUM -> No in the middle or avg. of 2 middle Nos

STD. DEV. OF TASK  =     P - O
                      ____________
                           6

TASK VAR.  =   (P - O)  2   =   Std. Dev ^ 2
               ____________
                  6
                   _____________
CP STD. DEV.  =  √ σ² + σ² + σ²

SIGMA   1   =  68.26
        2   =  95.46
        3   =  99.73
        6   =  99.99


Channels of Communication
-------------------------
COMM  =  (N2 - N) / 2   =  (N x (N - 1)) /   2


P R O J E C T   S E L E C T I O N
--------------------------------- 
PV    =    F V   .      
          -------
          (1+r)ⁿ

FV   =  PV  x (1+r)

NPV = S  (  PV  +    PV +   PV  +   PV   )
           ----     ----   ----    ----  
          (1+r)ⁿ   (1+r)ⁿ  (1+r)ⁿ  (1+r)ⁿ 

Cash Flow = Cash Inflow - Cash Outflow

Discounted Cash Flow = CF x Discount Factor

ARR = S Cash Flow / No. of Years

ROI = (ARR / Investment) * 100 %

BCR  =  Benefits / Cost

Exp. Value = Probability %  x Consequence $


Class of Estimates 
-------------------
Definitive                   +5%

Capital Cost             +10-15%

Appropriation           +15-25%

Feasibility                  +25-35%

Order of Magnitude > +35%


Contract Incentives
--------------------
Savings = Target Cost - Actual Cost

Bonus  =  Savings x Percentage

Contract Cost =  Bonus + Fees

Total Cost = Actual Cost + Contract Cost


E A R N E D     V A L U E     A N A L Y S I S
---------------------------------------------
PV (Present Value) = BCWS (Budgeted Cost of Work Schedule)

EV (Earned Value) = BCWP (Budgeted Cost of Work Performed)

AC (Actual Cost) = ACWP (Actual Cost of Work Performed)

CV  =  EV  -  AC

CPI  =  EV  / AC  (efficiency)

SV   =  EV  -  PV 

SPI   =  EV  /  PV

ETC = BAC - EV   or     (BAC - EV) / CPI

EAC = AC + ETC 

EAC = BAC / CPI

VAC = BAC - EAC

%  COMPLETE  =  EV  /  BAC x 100

%  SPENT          =  AC  / BAC x 100

CV%  =  CV / EV x 100 

SV%   =  SV / PV x 100

------------------------------------------------------------ 

5 comments:

  1. Good summary listing! You are doing a good job in helping PMP aspirants prepare for the exam.

    ReplyDelete
  2. Formula for Additional number of Communication Channels
    This I derived on my own. Say if originally there are n people and x number is added then Cx=num of additional channels required=x*(x+2n-1)/2. This means if 1 person is added to the project than number of communication channels increases by n. Eg 6 people initially now one person is added. So no of additional comm channels=6

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  3. Forgot to Say thanks for the Sheet. Thank You

    ReplyDelete
  4. Good one.. Thanks for your effort.

    ReplyDelete
  5. Thanks for the valuable input on PMP formula you contributed on the forum. It is really helpful

    ReplyDelete