You can find these from my book the complete pmp formula guide, from this page. At the end of this article, there will be an option for you to download this guide. From pmp certification allinone for dummies, 2nd edition. Apr 2, 2016 understand formulas and calculations for the pmp exam in an easy and approachable way. A discussion of 7 earned value management formulas that you should be utilizing to make your life easier as a project controls professional.
Academys online pmp certification training and writing the exam you should not consider anyone else. He gives realworld project examples and enables you to. Andrew di piero, usiness operations manager works at iopw inc, anada instructor teaches theoretical concepts of project management in an easier and very understandable manner. The complete pmp formulas guide project management. We have prepared a pmp formulas pdf including all these formulas.
Pmp formula study guide the formulas you need for the pmp exam. Each pmp formula has been explained in a proper manner to understand the name of the formula, the formula itself, terms used in the formula, and an example with detailed description to find the solution. Calculate the variance for each activity in the critical path. Pmp cheat sheet what are the most frequently occurring pmp concepts.
Guide to formulas and calculation with explanation and sample questions. Pmp formulas and calculation for the certification demystified. Practicing pmp questions on my mobile is so easy with this site. Free pdf based on pmbok guide 6th edition having 45 project management formulas. There are bunch of formulas some from pmbok, some from other sources that are in the scope of pmp exam. The pmp formula guide is your easy way to understand the pmp formulas and the mathbased questions in the pmp certification exam. Vac variance at completion how much under budget or over budget we expect the project. For example, if earned value ev and actual cost ac for a project are. Many practicing professionals find the earned value terms and definitions confusing. There are tons other formulas you may find from the internet that claimed to be related to the pmp exam e. Project management professional pmp exam formula cheat. Project duration range estimate is total project pert duration step 1 sd step 4.
If you find the mathematical questions for the pmp exam difficult to solve, this. Which is akin to what you have finished of what you estimated it would require. See more ideas about earned value management, management and. Though the pmp exam does not require elaborate calculations however, considering the. Pmp includes a number of special concepts that we use frequently. We trust youll find it useful the valuable content is why millions of engineers and project managers have downloaded and used this guide since its very first release in july 2001. Pmp formulas and calculations advanced guide with examples. Oct 9, 2019 get a downloadable version of all the pmp formulas you need to know for your. William scott canada, project manager thank you for the pmp questions and pmp formulas. Pmp formulas mentioned in the pmbok guide 5th edition. The arrows show the formulas that are needed by the target formula. To conclude, this article is very helpful to have an overview of pmp formulas that can be expected in the exam. Earned value is equal to the completed portion of the bac.
The problem is that this in no way shape or form produces a measure of standard deviation. Pmp preparation 100 project management terms you should know. I believe, earned value analysis eva concept is lot simpler than it is made out to be. W e appreciate having project management formulas in one location. This post enumerates important pmp formulas required for project management professional pmp certification exam. The above 17 pmp formulas are all that youll need for the pmp exam. The top 8 formulas to memorize before your pmp exam. Lets move forward to learn the most common pmp formulas. That is the pessimistic activity estimate minus the optimistic activity estimate divided by six. Pmp formulas and calculations take up roughly 10% of the pmp exam. You can find all the mentioned pmp formulas in this pmp formulas pdf. How to memorize pmp exam formulas in under 10 mins duration.
Online pmp training master of project academy material cannot be sold, copied or redistributed. Looking at a career as a certified project management professional pmp. Free download of the best capm pmp formulas cheat sheet for pmi exams. The formula used in the pmbok for standard deviation is simple. List of important pmp formulas for certification exam. You will be able to solve the calculation questions in the certification exam. The pmp certification exam may not present a question for each possible formula.
We will break the formula down to understand the name, the actual formula, the terms used within that formula, an explanation of the answer, what knowledge area the formula is used for, and finally a sample question you can expect to see on the exam. The complete pmp formulas guide formula, pmp exam, completed. Earned value management change management risk management business management business planning project management certification program management self branding business analyst. But the bac is a moving target, so the formula ev percent complete x bac will produce different figures over the. If you wish, you can download the pmp formulas table above as a pdf file. These downloadable examples can be your references if you want to begin the drafting phases of your analysis document. This cheat sheet gives you quick, handy pmp certification facts to remember on test day to help you answer exam questions. Project management professional pmp exam formula cheat sheet based on project management body of knowledge, p mbok guide fourth edition earned value management formulas bac budget at completion ev actual % complete bac pv planned % complete bac. Lets look at the complete list of 17 pmp formulas you need to know for your exam along with a description for each. Kamal shankar india, team lead i found the pmp questions very realistic.
Further, many of the calculationbased questions are based on these top 8 cost management formulas. Its hard to say the exact number of calculation questions that you will get on your exam. Although there are more than 25 project management formulas that you might need to tackle during the exam, there are a few cost management formulas that are very important, and which youre likely to encounter more than once during the exam. Pmi pmp examination content outline june 2015 7 task 11 present the project management plan to the relevant stakeholders according to applicable policies and procedures in order to obtain approval to proceed with project execution. The formulas table below summaries the most important pmp formulas that aspirants would need to understand plus learn by heart in order to be able to answer pmp maths questions correctly. To guide you with the creation of an outstanding earned value analysis, we have listed several examples of earned value analysis in pdf. If you think a formula is missing here but required in pmp exam. Check out these free sites for pmp test problems that will certainly help out with your revision. If you understand these formulas and examples, you will be able to solve most of the formula based questions on the pmp exam. Pmp formulas mentioned in the pmbok guide 6th edition. Formula additional notes 1 present value pv 1 r n fv pv the result amount of money to invest today pv for n. All you need to do is memorize the formulas and then plunk in the numbers from the questions. You can also find list of formulas from my brain dump, linked under popular posts section on.
All the pmp formulas and calculations pmbok 6th edition. Download free pmp formulas cheat sheet for pmbok guide 6th. When i was studying for the pmp exam, i found it helpful to reference formulas and then wean myself off them later. The most complete project management glossary for professional project managers.
Develop project management plan directmanage project execution. The pmp certification exam will contain questions requiring the use of formulas to calculate the correct answer. Following are examples of the most important pmp concepts. Pmp formulas complete certification guide milestonetask. Pmp project management professional certification all maths and formulas of pmp and pmbok 6. The goal of this guide is to help you solve formula based questions in the exam effectively. Pmp formulas cheat sheet wisdom depot project management. Earned value analysis or earned value management is considered to be one of the more difficult concepts of project management. The dotted arrows show a formula that is required dependent on the scenario actual cost ac actual cost is one of the easiest calculations that youll need to know for the pmp. Well discuss these formulas in detail but first, have a look at the quick pmp formula sheet. When you enter the prometrics testing center and begin your exam, the software randomly selects 200 questions for you.
Although it is important that you practice difficult evm questions to ensure that you thoroughly understand the concept, i encountered few, if any, difficult evm questions on my particular pmp exam. Pmp quick reference guide for math formulas master of project. You can make a printout of this blog post or create your own short notes based on this blog post and revise them during your free time. The below given pmp formula sheet represents the list of 25 pmp formulas to prepare for the pmp certification exam.
Study ev formulas with examples and explanations that make sense. Schedule planning and development 31% of examination activities related to defining and sequencing activities and milestones, developing the work and resource breakdown structures, and establishing the performance measurement baseline pmb. In additional to this pmp formulas cheat sheet, you may want to check out the resource page for recommended resource and links to a collection of free exam questions. Why dont you practice on some free questions from the pm exam simulator. You will not be able to answer the correctly if you do not have the appropriate formula memorized. Downloadable pmp formula sheet and pmp cheat sheet pdfs are ahead. This will help to solve the formula based questions during the pmpcapm exam.