Formulas Flashcards

The goal of this deck is to get you more comfortable with all of the formulas that you will need in order to pass the PMP Exam. This includes Earned Value Formulas, PERT, and Communications Channel.

1
Q

What is the formula you use in order to find the EAD in Triangular Distribution?

A

EAD = (O + M + P) / 3

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2
Q

What is the PERT formula you use in order to find the EAD in Beta Distribution?

A

EAD = (O + 4M + P) / 6

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3
Q

What formula do you use to find the Standard Deviation (SD) of an activity?

A

SD = (P - O) / 6

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4
Q

What formula do you use to calculate the variance of an activity?

A

Variance = ((𝑃 − 𝑂) / 6) ^2

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5
Q

What formula do you use to calculate the range of an activity duration?

A

Range of Activity Duration = EAD ± 𝑆𝐷

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6
Q

What formulas can you use to calculate the Total Float?

A

Total Float = Late Start (LS) – Early Start (ES)
or
Total Float = Late Finish (LF) – Early Finish (EF)

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7
Q

How do you calculate the CV (Cost Variance)?

A

CV = EV−AC

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8
Q

How do you calculate the SV (Schedule Variance)?

A

SV = EV−PV

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9
Q

How do you calculate the Cost Performance Index (CPI)?

A

CPI= EV / AC

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10
Q

How do you calculate the Schedule Performance Index (SPI)?

A

SPI = EV / PV

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11
Q

How do you calculate the Budget at Completion (BAC)

A

Usually given to you, but BAC = Total activity cost estimates + Total contingency cost reserves

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12
Q

How do you calculate the Estimate to Complete (ETC)?

A

ETC = EAC−AC

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13
Q

How do you calculate the Earned Value (EV?)

A

EV = Actual % Complete x BAC

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14
Q

How do you calculate the Planned Value (PV)?

A

PV = Planned % Complete x BAC

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15
Q

How do you calculate the Estimate At Completion? (EAC)

A

EAC = BAC / CPI

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16
Q

How do you calculate the Variance At Completion?

A

VAC = BAC - EAC

17
Q

How do you calculate the To Complete Performance Index (TCPI)?

A
TCPI = (BAC - EV) / (BAC - AC) *If on budget
TCPI = (BAC - EV) / (EAC = AC) *If over budget
18
Q

What is the formula to find the Communication Channels for a project?

A

N x (N-1) / 2

19
Q

What is the fomula for a foward pass?

A

ES + Duration - 1

20
Q

What is the formula for a backward pass?

A

Late Finish - Duration + 1

21
Q

What is the formula for present value?

A

PV = FV / (1+i)^n

22
Q

What is the formula for EAC?

A
  1. AC + Bottom Up ETC
  2. BAC /CPI
  3. AC + (BAC - EV)
  4. AC + (BAC - EV) / (CPI x SPI)
23
Q

How do you find the expected Monetary Value? (EMV)

A

EMV (cost) = P x I

EMV (schedule) = P x I