PMP FORMULAS Flashcards by anne siebert

PERT

(P+4M+O)/6

How well did you know this?

Not at all

Perfectly

STANDARD DEVIATION

(P-O)/6

How well did you know this?

Not at all

Perfectly

VARIANCE

[(P-O)/6]SQUARED

How well did you know this?

Not at all

Perfectly

FLOAT OR SLACK

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

How well did you know this?

Not at all

Perfectly

CV (COST VARIANCE) FORMULA

EV (EARNED VALUE)-AC (ACTUAL COST)

How well did you know this?

Not at all

Perfectly

SV (SCHEDULE VARIANCE) FORMULA

EV (EARNED VALUE) -PV (PLANNED VALUE)

How well did you know this?

Not at all

Perfectly

CPI (COST PERFORMANCE INDEX) FORMULA

EV (EARNED VALUE)/AC (ACTUAL COST)

How well did you know this?

Not at all

Perfectly

ETC (EST TO COMPLETE) FORMULA

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

How well did you know this?

Not at all

Perfectly

PERCENT COMPLETE

EV/BAC (BUDGET AT COMPLETE)

How well did you know this?

Not at all

Perfectly

EAC (ESTIMATE AT COMPLETE) FORMULA

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

How well did you know this?

Not at all

Perfectly

ETC (ESTIMATE TO COMPLETE)

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

How well did you know this?

Not at all

Perfectly

VAC (VARIANCE AT COMPLETION)

BAC - EAC

How well did you know this?

Not at all

Perfectly

TCPI (TO COMPLETE PERFORMANCE INDEX)

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

How well did you know this?

Not at all

Perfectly

NPV (NET PRESENT VALUE)

BIGGER IS BETTER

How well did you know this?

Not at all

Perfectly

IRR (INTERNAL RATE OF RETURN)

BIGGER IS BETTER

How well did you know this?

Not at all

Perfectly

BENEFIT COST RATIO

BIGGER IS BETTER

How well did you know this?

Not at all

Perfectly

PAYBACK PERIOD

LESS IS BETTER

NET INVESTMENT/AVG ANNUAL CASH FLOW

How well did you know this?

Not at all

Perfectly

ORDER OF MAGNITUDE ESTIMATE

25% + 75%

PMBOK -50% + 100%

How well did you know this?

Not at all

Perfectly

BUDGET ESTIMATE

10% + 25%

How well did you know this?

Not at all

Perfectly

DEFINITIVE ESTIMATE

-5% + 10%

How well did you know this?

Not at all

Perfectly

COMMUNICATION CHANNELS

N(N-1)/2

EXPECTED MONETARY VALUE

PROBABILITY * IMPACT

POINT OF TOTAL ASSUMPTION

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

1SIGMA

68.27%

2SIGMA

95.45%

3SIGMA

99.73%

6SIGMA

99.99985%

RETURN OF SALES (ROS)

NET INCOME BEFORE TAXES (NEBT)/TOTAL SALES OR NET INCOME AFTER TAXES (NEAT)/TOTAL SALES

ROA (RETURN OF ASSETS)

NEBT/TOTAL ASSETS OR NEAT/TOTAL ASSETS

ROI (RETURN OF INVESTMENT)

NEBT / TOTAL INVESTMENT OR NEAT / TOTAL INVESTMENT

SPI (SCHEDULE PERFORMANCE INDEX)

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

% COMPLETE

EV / BAC X 100

TOTAL COST

CONTRACT INCENTIVES | ACTUAL COST + CONTRACT COST

CONTRACT COST

CONTRACT INCENTIVES | BONUS + FEE

BONUS

cONTRACT INCENTIVES | SAVINGS x PERCENTAGE

SAVINGS

CONTRACT INCENTIVE | TARGET COST - ACTUAL COST

MODE

THE "MOST FOUND" NUMBER

MEAN

AVERAGE

RANGE

LARGEST - SMALLEST MEASURE

MEDIUM

NUMBER IN THE MIDDLE OR AVERAGE OF 2 MIDDLE NUMBERS

COQ (COST OF QUALITY)

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

PDM

P 177 | TAKE LONGEST DURATION OF EACH ACTIVITY AND ADD.

CRITICAL PATH

NO FLOAT AND LONGEST DURATION OF ACTIVITIES. | P 177

FOR ESTIMATING DURATION WITHOUT WEIGHT USE WHAT?

USE SIMPLE AVERAGE

ROR = Rate of Return

(total return/initial invenstment)*100/years

SPI formula

EV/PV

EV Formula

SPI*PV

EXPECTED PROFIT FORUMLA

EACH ALTERNATIVE =PERCENTAGE*DOLLAR AMOUNT OF PROFIT THEN ADD ALL ALTERNATIVES P 339

FFP = FIRM FIXED PRICE

CONTRACT TYPE FOR FIXED - SCOPE PROJECT

FPIF=FIXED PRICE INCENTIVE FEE

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

COST REIMBURSABLE

CONTRACT TYPE WHEN SCOPE CANNOT BE PRECISELY DEFINED