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
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CoQ = ( ( Review Efforts + Test Efforts + Training Efforts + Rework Efforts + Efforts of Prevention) / Total Efforts) x 100 %
PERT = O + 4ML + P
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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
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6
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CP STD. DEV. = √ σ² + σ² + σ²
SIGMA 1 = 68.26
2 = 95.46
3 = 99.73
6 = 99.99
Channels of Communication
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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 .
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(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
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Definitive +5%
Capital Cost +10-15%
Appropriation +15-25%
Feasibility +25-35%
Order of Magnitude > +35%
Contract Incentives
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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
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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
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5 comments:
Good summary listing! You are doing a good job in helping PMP aspirants prepare for the exam.
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
Forgot to Say thanks for the Sheet. Thank You
Good one.. Thanks for your effort.
Thanks for the valuable input on PMP formula you contributed on the forum. It is really helpful
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