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    Velopi PMP Cheat Sheet PDF

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    Velopi PMP Cheat Sheet PDF

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    576 views1 page

    Velopi PMP Cheat Sheet PDF

    Uploaded by

    trudiddle

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Velopi Ltd.

    Software Validation | Project Management

    Building 4400, Airport Business Park, Cork, Ireland


    Tel: +353 (0)21 2406250
    Email: [email protected] | Web: www.velopi.com

    Project Management Professional (PMP) Exam Formula - Cheat


    Sheet
    * Based on Project Management Body of Knowledge, (PMBOK Guide) - Fourth Edition

    Earned Value Management Formulas

    Project Management Processes

    BAC =
    EV =
    PV =
    AC =
    CV =
    SV =
    CPI =

    1. Project Integration Management


    Develop Project Charter
    Develop Project Management Plan
    Direct/Manage Project Execution
    Monitor/Control Project Work
    Perform Integrated Change Control
    Close Project or Phase
    2. Project Scope Management
    Collect Requirements
    Define scope
    Create WBS
    Verify Scope
    Control Scope
    3. Project Time Management
    Define Activities
    Sequence Activities
    Estimate Activity Resources
    Estimate Activity Durations
    Develop Schedule
    Control Schedule
    4. Project Cost Management
    Estimate Costs
    Determine Budget
    Control Costs
    5. Project Quality Management
    Plan Quality
    Perform Quality Assurance
    Perform Quality Control
    6. Project Human Resource Management
    Develop Human Resource Plan
    Acquire Project Team
    Develop Project Team
    Manage Project Team
    7. Project Communications Management
    Identify Stakeholders
    Plan Communications
    Distribute Information
    Manage Stakeholder Expectations
    Report Performance
    8. Project Risk Management
    Plan Risk Management
    Identify Risks
    Perform Qualitative Risk Analysis
    Perform Quantitative Risk Analysis
    Plan Risk Responses
    Monitor and Control Risks
    9. Project Procurement Management
    Plan Procurements
    Conduct Procurements
    Administer Procurements
    Close Procurements

    SPI =

    EAC =
    EAC =
    EAC =
    ETC =
    VAC =

    TCPI =

    Budget at Completion
    Actual % Complete * BAC
    Planned % Complete * BAC
    Sum of all acutal costs
    EV - AC
    EV - PV
    EV / AC
    < 1 = Bad (Over budget)
    > 1 = Good (under budget)
    EV / PV
    < 1 = Bad (Behind Schedule)
    >1 = Good (Ahead of Schedule)
    BAC / CPI
    AC + ETC
    AC + (BAC + EV) / CPI
    EAC - AC
    BAC - EAC
    (BAC EV)/(BAC AC) or
    (BAC-EV)/EAC-AC)

    Main PMP Formulas


    Standard Deviation =
    (P-O)/6
    PERT =
    (O + 4M+P)/6
    Total Float =
    LS-ES or LF-EF
    No of Communication Channels =
    n(n-1)/2
    P = Pessimistic, O = Optimistic, M = Most Likely; Realistic,
    n = number of project team members
    Benefit cost ratio =
    Cost/Benefits
    BCR < 1 Unfavorable
    BCR > 1 Favorable
    Net Present Value = FV ( 1+ r )^
    Future Value = PV ( 1+ i )^

    Internal Rate of Return


    Higher is better
    Six Sigma = 99.99% defect free
    Three sigma = 99.7% defect free

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