www.TestTakerOnline.com
PMP Practice Exams
Toll Free USA: 888-868-9015
PMP Practice Exams
Email: testtaker.support@testtakeronline.com
PMP Practice Exams
Home | Free Registration | Free PMP Trial | About Us
PMP Practice Exams PMP Practice Exams PMP Practice Exams

PMP Formulas and Definitions

PMP Practice Exams
Prometric PMP Certification Practice Exams
Friday, December 30, 2011 PMP Practice Exams Last Update: 9:24 AM
PMP Practice Exams
PMP Practice Exams
What is PMP?
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
PMP Practice Exams
Access Free PMP Practice Exam Questions at www.TestTakerOnline.com
PMP Practice Exams
PMP Certification Exam
TestTaker PMP Certification Practice Exams

PMP Formulas and Definitions

PMP Certification Practice Exams
The PMP Certification Exam will contain questions requiring the use of formulas to calculate the correct answer. You will not be able to answer the correctly if you do not have the appropriate formula memorized. The PMP Certification Exam may not present a question for each possible formula; but it is guaranteed that the exam will most likely present questions which required the use of three to five of the possible formulas.
PMP Certification Practice Exams
Formula Definition
AC
Actual Cost
PMP Certification Practice Exams
= CV ÷ (CPI - 1)
PMP Certification Practice Exams
Formula Definition
BAC
Budget At Completion
PMP Certification Practice Exams
= ∑(PV) at project completion
PMP Certification Practice Exams
Formula Definition
Communication
Channels
= (N * (N - 1)) ÷ 2
N = Number of Stakeholders
PMP Certification Practice Exams
[ Return to Top ]
PMP Certification Exam
Formula Definition
Cost To Buy
= Initial Cost + # of Months * Monthly Maintenance Costs
PMP Certification Practice Exams
Formula Definition
CPI
Cost Performance Index
PMP Certification Practice Exams
= EV ÷ AC
Cost Peformance Index Values > 1 => Good
PMP Certification Practice Exams
Formula Definition
CV
Cost Variance
PMP Certification Practice Exams
= EV - AC
Cost Variance Values > 0 => Good
PMP Certification Practice Exams
[ Return to Top ]
PMP Certification Exam
Formula Definition
EAC
Estimate at Completion
PMP Certification Practice Exams
= AC + bottom-up ETC
= AC ÷ % Complete
= BAC ÷ Cummulative CPI
= AC + (BAC - EV)
= AC + [(BAC - EV) ÷ (Cummulative CPI x Cummultive SPI)]
PMP Certification Practice Exams
Formula Definition
EMV
Expected Monetary Value
PMP Certification Practice Exams
= Impact * Probability
PMP Certification Practice Exams
Formula Definition
ETC
Estimate to Complete
PMP Certification Practice Exams
= EAC - AC
PMP Certification Practice Exams
[ Return to Top ]
PMP Certification Exam
Formula Definition
EV
Earned Value
Budgeted Cost of Work Performed(BCWP)
PMP Certification Practice Exams
= % complete * BAC
= % complete * PV
PMP Certification Practice Exams
Formula Definition
Float
= LS - ES
= LF - EF
LS = Late Start
ES = Early Start
LF = Late Finish
EF = Early Finish
PMP Certification Practice Exams
Formula Definition
Normal
Distribution
1 SD = 1 Sigma
1 Sigma = 68.26%
2 Sigma = 95.46%
3 Sigma = 99.73%
6 Sigma = 99.999%
PMP Certification Practice Exams
[ Return to Top ]
PMP Certification Exam
Formula Definition
PERT Analysis
= (O + 4M + P) ÷ 6
O = Optimistic Estimate
M = Most Likely Estimate
P = Pessimistic Estimate
PMP Certification Practice Exams
Formula Definition
Present Value
= FV ÷ ((1 + r)^n)
FV = Future Value
r = Rate of Interest
n = number of time periods
PMP Certification Practice Exams
Formula Definition
PTA
Point of Total Assumption
PMP Certification Practice Exams
= ((Ceiling Price - Target Price) ÷ Buyer's Share Ratio) + Target Cost
PMP Certification Exam
[ Return to Top ]
PMP Certification Exam
Formula Definition
PV
Planned Value
PMP Certification Practice Exams
= SV ÷ (SPI - 1)
PMP Certification Exam
Formula Definition
ROI
Return on Investment
PMP Certification Practice Exams
= Net Benefits ÷ Net Cost
PMP Certification Practice Exams
Formula Definition
SD
Standard Deviation of the Activity
PMP Certification Practice Exams
= (P - O) ÷ 6
O = Optimistic Estimate
P = Pessimistic Estimate
PMP Certification Practice Exams
[ Return to Top ]
PMP Certification Exam
Formula Definition
SPI
Schedule Performance Index
PMP Certification Practice Exams
= EV ÷ PV
Schedule Performance Index Values > 1 => Good
PMP Certification Practice Exams
Formula Definition
SV
Schedule Variance
PMP Certification Practice Exams
= EV - PV
Schedule Variance Values > 0 => Good
PMP Certification Practice Exams
Formula Definition
TCPI
To-complete Cost Performance Index
PMP Certification Practice Exams
= (BAC - EV) ÷ (BAC - AC)
= (BAC - EV) ÷ (EAC - AC)
= Remaining Work ÷ Remaining Budget
TCPI Values < 1 => Good
PMP Certification Practice Exams
[ Return to Top ]
PMP Certification Exam
Formula Definition
VAC
Variance at Completion
PMP Certification Practice Exams
= BAC - EAC
PMP Certification Practice Exams
Formula Definition
Variance of Activity
= ((P - O) ÷ 6) ^ 2
= (Standard Deviation of the Activity) ^ 2
PMP Certification Practice Exams
[ Return to Top ]
PMP Certification Exam
PMP Practice Exams
TestTaker is not affiliated with or endorsed by either Prometric or PMI in any way. The Prometric and PMI logos displayed here are for user reference and site content recognition as this site pertains to exam preparation materials for the PMP Certification Exam which is a proctored exam offered by Prometric. The Prometric logo and company name are trademarks of Prometric Inc. The PMI logo and company name are trademarks of the Project Management Institute.
PMP Practice Exams
With TestTaker, you will pass your PMP certification exam and you will be PMP certified. Register now for access to TestTaker's PMP Certification exam content. That's simulated PMP certification exams, PMP practice exams, and PMP practice questions.
PMP Practice Exams
PMP Practice Exams
Privacy Policy | Terms and Conditions | About Us | FAQ
PMP Practice Exams