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PMP > PMP FORMULAS > Flashcards

PMP FORMULAS Flashcards

1
Q

PERT

A

(P+4M+O)/6

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2
Q

STANDARD DEVIATION

A

(P-O)/6

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3
Q

VARIANCE

A

[(P-O)/6]SQUARED

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4
Q

FLOAT OR SLACK

A

LS (LATE START)-ES (EARLY START) AND LF (LATE FINISH)- EF (EARLY FINISH)

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5
Q

CV (COST VARIANCE) FORMULA

A

EV (EARNED VALUE)-AC (ACTUAL COST)

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6
Q

SV (SCHEDULE VARIANCE) FORMULA

A

EV (EARNED VALUE) -PV (PLANNED VALUE)

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7
Q

CPI (COST PERFORMANCE INDEX) FORMULA

A

EV (EARNED VALUE)/AC (ACTUAL COST)

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8
Q

ETC (EST TO COMPLETE) FORMULA

A

EAC (ESTIMATE AT COMPLETE) - AC (ACTUAL COST)

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9
Q

PERCENT COMPLETE

A

EV/BAC (BUDGET AT COMPLETE)

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10
Q

EAC (ESTIMATE AT COMPLETE) FORMULA

A

BAC/CPI
AC+ETC
AC+BAC-EV
AC+(BAC-EV)/CPI

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11
Q

ETC (ESTIMATE TO COMPLETE)

A

EAC (EST AT COMPLETE)- AC (ACTUAL COST)

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12
Q

VAC (VARIANCE AT COMPLETION)

A

BAC - EAC

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13
Q

TCPI (TO COMPLETE PERFORMANCE INDEX)

A

TCPI < 1.0 IS GOOD. EFFICIENCY TO COMPLETE IS LESS THAN PLANNED
(BAC - EV) / (BAC - AC)

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14
Q

NPV (NET PRESENT VALUE)

A

BIGGER IS BETTER

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15
Q

IRR (INTERNAL RATE OF RETURN)

A

BIGGER IS BETTER

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16
Q

BENEFIT COST RATIO

A

BIGGER IS BETTER

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17
Q

PAYBACK PERIOD

A

LESS IS BETTER

NET INVESTMENT/AVG ANNUAL CASH FLOW

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18
Q

ORDER OF MAGNITUDE ESTIMATE

A
  • 25% + 75%

PMBOK -50% + 100%

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19
Q

BUDGET ESTIMATE

A
  • 10% + 25%
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20
Q

DEFINITIVE ESTIMATE

A

-5% + 10%

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21
Q

COMMUNICATION CHANNELS

A

N(N-1)/2

22
Q

EXPECTED MONETARY VALUE

A

PROBABILITY * IMPACT

23
Q

POINT OF TOTAL ASSUMPTION

A

(CEILING PRICE - TARGET PRICE)/BUYER’S SHARE RATIO + TARGET COST

24
Q

1SIGMA

A

68.27%

25
Q

2SIGMA

A

95.45%

26
Q

3SIGMA

A

99.73%

27
Q

6SIGMA

A

99.99985%

28
Q

RETURN OF SALES (ROS)

A

NET INCOME BEFORE TAXES (NEBT)/TOTAL SALES

OR

NET INCOME AFTER TAXES (NEAT)/TOTAL SALES

29
Q

ROA (RETURN OF ASSETS)

A

NEBT/TOTAL ASSETS

OR

NEAT/TOTAL ASSETS

30
Q

ROI (RETURN OF INVESTMENT)

A

NEBT / TOTAL INVESTMENT

OR

NEAT / TOTAL INVESTMENT

31
Q

SPI (SCHEDULE PERFORMANCE INDEX)

A

SPI = EV/PV (EARNED VALE / PLANNED VALUE)

32
Q

% COMPLETE

A

EV / BAC X 100

33
Q

TOTAL COST

A

CONTRACT INCENTIVES

ACTUAL COST + CONTRACT COST

34
Q

CONTRACT COST

A

CONTRACT INCENTIVES

BONUS + FEE

35
Q

BONUS

A

cONTRACT INCENTIVES

SAVINGS x PERCENTAGE

36
Q

SAVINGS

A

CONTRACT INCENTIVE

TARGET COST - ACTUAL COST

37
Q

MODE

A

THE “MOST FOUND” NUMBER

38
Q

MEAN

A

AVERAGE

39
Q

RANGE

A

LARGEST - SMALLEST MEASURE

40
Q

MEDIUM

A

NUMBER IN THE MIDDLE

OR

AVERAGE OF 2 MIDDLE NUMBERS

41
Q

COQ (COST OF QUALITY)

A

REVIEW EFFORTS + TEST EFFORTS + TRAINING EFFORTS + REWORK EFFORTS + EFFORTS OF PREVENTION/TOTAL EFFORTS) X 100%

42
Q

PDM

A

P 177

TAKE LONGEST DURATION OF EACH ACTIVITY AND ADD.

43
Q

CRITICAL PATH

A

NO FLOAT AND LONGEST DURATION OF ACTIVITIES.

P 177

44
Q

FOR ESTIMATING DURATION WITHOUT WEIGHT USE WHAT?

A

USE SIMPLE AVERAGE

45
Q

ROR = Rate of Return

A

(total return/initial invenstment)*100/years

46
Q

SPI formula

A

EV/PV

47
Q

EV Formula

A

SPI*PV

48
Q

EXPECTED PROFIT FORUMLA

A

EACH ALTERNATIVE =PERCENTAGE*DOLLAR AMOUNT OF PROFIT

THEN ADD ALL ALTERNATIVES

P 339

49
Q

FFP = FIRM FIXED PRICE

A

CONTRACT TYPE FOR FIXED - SCOPE PROJECT

50
Q

FPIF=FIXED PRICE INCENTIVE FEE

A

CONTRACT TYPE WHEN SCOPE IS FIXED BUTH NEED FLEXIBILITY FOR PERFORMANCE GOALS

51
Q

COST REIMBURSABLE

A

CONTRACT TYPE WHEN SCOPE CANNOT BE PRECISELY DEFINED

PMP (9 decks)

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