PMI-ACP formulas Flashcards
Learn the PMI-ACP fromuals with this deck
PV formula in earned value management
No Formula. It is sometimes expressed as a %age of BAC.
EV formula in earned value management
No Formula. It is sometimes expressed as a %age of BAC or PV
AC formula in earned value management
No Formula.
SV formula in earned value management
SV = EV – PV
CV formula in earned value management
CV = EV – AC
SPI formula in earned value management
SPI = EV / PV
CPI formula in earned value management
CPI = EV / AC
Present value or discounted cash flow equation formula in project selection methods
PV = FV * DF || PV = FV / (1+r)^n (future value * discount factor)(n is years, r is discount rate)(note that discount factor is the reverse of compounding interest to account for inflation over time)
NPV formula in project selection methods
ΣPV (higher is better all other things being equal)
ROI formula in project selection methods
Return / Formula investment (higher is better)
BCR formula in project selection methods
Benefits / Costs (higher is better)
CBR formula in project selection methods
Costs / Benefits (lower is better)
IRR formula in project selection methods
No formula, it’s estimated. (Higher is better)
PP formula in project selection methods
Price Point. (Market price, sale price, contract price) Lesser the better.
Opp Cost formula in project selection methods
No formula, it’s estimated. (Higher is better)
A project will be carried out using one-week sprints. The steering committeewants an estimate of how long the project will take. The project backlog hasbeen estimated at 500 story points. The team estimates the velocity per sprintin the worst-case scenario as 10 story points, the best-case scenario with 25story points, and the most likely scenario as 20 points.Using a triangular distribution, how long will the project take?
32 weeks. Correct. The worst-case duration can be calculated as 500 / 10 which is50 sprints. The most likely case can be calculated as 500 / 20 which is25 sprints. The best case can be calculated as 500 / 25 which is 20sprints. Taking the average number of sprints would be (50 + 25 + 20) / 3which is 31.67. Thus, the estimate would be 32. Since each sprint is oneweek in length, the duration estimate would be 32 weeks.
A Kanban board is used to manage the workflow of a software developmentproject. The project team has established a cycle time of five business daysper user story. The lead time is 10 business days per story. There are 20 userstories remaining in the backlog.What should the team report as an estimate to complete the backlog?
100 days. take the backlog and multiply by the cycle time.
SPI agile formula
story points completed / story points planned
CPI agile formula
Story point earned cost completed / cost of actual sprint
When referencing dollar value, which is the preferred performance calculation for agile? - CPI or SPI
CPI because dollars is mentioned. Even if the question states. “according to planed.”
