Formulas

Question 1

Present Value (Integration Management)

Answer 1

FV / ( 1 + i )nth

Question 2

Expected Activity Duration - Triangular (Time Management and Cost Management)

Answer 2

O + M + P / 3

Question 3

Expected Activity Duration - Beta/PERT (Time Management and Cost Management)

Answer 3

O + 4M + P / 6

Question 4

Standard Deviation of an Activity - SD (Time Management and Cost Management)

Answer 4

P - O / 6

Question 5

Activity Variance (Time Management and Cost Management)

Answer 5

SD 2nd

Question 6

Range of Activity Duration (Time Management and Cost Management)

Answer 6

EAD +/- SD

Question 7

Early Finish - EF (Time Management)

Answer 7

ES + Duration - 1

Question 8

Late Start - LS (Time Management)

Answer 8

LF - Duration + 1

Question 9

Total Float (Time Management)

Answer 9

LS - ES, or LF - EF

Question 10

Critical Path (Time Management)

Answer 10

Sum of longest duration path

Question 11

Cost Variance - CV (Cost Management)

Answer 11

EV - AC

Question 12

Schedule Variance - SV (Cost Management)

Answer 12

EV - PV

Question 13

Cost Performance Index - CPI (Cost Management)

Answer 13

EV / AC

Question 14

Schedule Performance Index - SPI (Cost Management)

Answer 14

EV / PV

Question 15

Estimate At Completion (EAC), using the most accurate method (Cost Management)

Answer 15

AC + Bottom-up ETC

Question 16

Estimate At Completion (EAC), assuming variances are typical (Cost Management)

Answer 16

BAC / CPI

Question 17

Estimate At Completion (EAC), assuming variances are atypical (Cost Management)

Answer 17

AC + (BAC - EV)

Question 18

Estimate At Completion (EAC), assumes poor cost performance and a need to hit a firm completion date (Cost Management)

Answer 18

AC + [(BAC - EV) / (CPI x SPI)]

Question 19

Estimate To Complete - ETC (Cost Management)

Answer 19

EAC - AC

Question 20

Variance At Completion - VAC (Cost Management)

Answer 20

BAC - EAC

Question 21

To Complete Performance Index (TCPI), standard method (Cost Management)

Answer 21

BAC - EV / BAC - AC

Question 22

To Complete Performance Index (TCPI), assumes original budget is not possible (Cost Management)

Answer 22

BAC - EV / EAC - AC

Question 23

Communication Channels (Communication Management)

Answer 23

N (N-1) / 2

Question 24

Expected Monetary Value - EMV (Risk Management)

Answer 24

Probability x Impact

Question 25

Point of Total Assumption (Procurement Management)

Answer 25

[(Ceiling Price - Target Price) / Buyers Share Ratio] + Target Cost