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  • Formula Guide

PMP® Formula Guide



The PMP® Exam requires that you know your formulas well so you can easily recall them on the exam day. Take the advantage of PMP® Exam Formula Guide's opportunity for you to achieve your goal.

  • Formula study guide is a unique tool that addresses very important aspects of the PMP® exam formulas.
  • If you don't know the required formulas you will lack confidence to attempt all questions in the certification exam.
  • Formula Guide will instill the confidence to pass the exam.
  • Formula guide will save time spent in searching for the different formulas from different chapters.
Formula guide formulas are derived based on the following topics.

Project selection methods

  • NPV, IRR, BCR, Payback Period
  • ROI, FV, PV, Discount Rate, Revenue
  • Depreciation - Straight-line depreciation
    - Sum-of-Years' Digits
    - Double Declining Balance
  • Opportunity Cost

Time Management

  • Network Diagram
  • Three point Estimates or PERT
  • Calculation Critical path and Float
  • Variance

Cost Management

  • Earned Value Formulas: BAC, % Completion, PL, EV, AC, CPI, API, EAC, ETC, VAC, TCPI.
  • Accuracy of Estimates
  • Order of Magnitude
  • Budget Estimates
  • Definitive Estimate

Quality Management

  • S-Curve, Sigma ranges (6 σ, 3 σ, 2 σ, 1 σ)
  • Average, Mean, Median and weighted Average.
  • Standard Deviation
  • Control Limits
  • Specification Limits
  • Pereto Analysis
  • Quality Control Charts

HR Management

  • Sources of conflict
  • Conflict resolution techniques
  • Powers of project manager
  • Roles of Project Manager, Functional manager Sponsor and Project Team
  • Motivation Theories

Communications Management

  • Channels of communications
  • Communication Methods
  • Communication types
  • Modes of Communication

Procurement Management

  • Contract Types - Fixed Price
    - Fixed Price plus Incentive Fee
    - Firmed Fixed Price Contract is the one most widely used.
    - Cost-reimbursable contracts:
    - Costs plus fixed prices(CPFF)
    - Cost plus percentage of costs (CPPC)
    - Cost plus incentive fee (CPIF)
    - Time and Materials (T&M)
    - Point of Total Assumption (PTA)
  • Ceiling price
  • Target Cost
  • Share Ratio

I T T O s

Inputs, Outputs and tools & techniques are showing in graphical representation
Sample chart is shown below for one Knowledge are Integration
Tutor Conflux Members will have access to remaining 8 knowledge area charts and tips to memorize conceptually.

Assignments

The PMP® Exam requires that you know your formulas well so you can easily recall them on the exam day. Take advantage of The PMP® Exam Formula Guide's opportunity for you to achieve that goal.