PMP Foramula Cheat Sheet

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  • 7/25/2019 PMP Foramula Cheat Sheet

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    PMP Formula Cheat Sheet

    Keywords Formulas

    Schedule Performance Index (SPI)

    A)

    SPI = EV/PV

    EV = Earned Value

    PV = Planned Value

    [PMBOK Guide - Fourth Edition - Page183]

    B)

    < 1 Project is beind scedule

    = 1 Project is on scedule

    ! 1 Project is aead o" scedule

    [PMBOK Guide - Fourth Edition - Page183]

    Cost Performance Index (CPI)

    A)

    #PI = EV/A#

    EV = Earned Value

    A# = Actual #ost

    [PMBOK Guide - Fourth Edition - Page183]

    B) < 1 $%er bud&et

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    Keywords Formulas

    = 1 $n bud&et

    ! 1 'nder bud&et

    [PMBOK Guide - Fourth Edition - Page183]

    Schedule Variance (SV)

    A)

    SV = EV ( PV

    EV = Earned Value

    PV = Planned Value

    [PMBOK Guide - Fourth Edition - Page18]

    B)

    *e&ati%e Beind scedule

    +ero $n scedule

    Positi%e Aead o" scedule

    [PMBOK Guide - Fourth Edition - Page18]

    Cost Variance (CV) A) #V = EV ( A#

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    Keywords Formulas

    EV = Earned Value

    A# = Actual #ost

    [PMBOK Guide - Fourth Edition - Page18]

    B)

    *e&ati%e $%er bud&et

    +ero $n bud&et

    Positi%e 'nder bud&et

    [PMBOK Guide - Fourth Edition - Page18]

    Estimate at Completion (EAC)

    EA# = ,BA#/#PI)

    BA# = Bud&et at co-.letion

    #PI = #ost .er"or-ance inde

    [PMBOK Guide - Fourth Edition - Page180]

    Estimate to Complete (EC! whenori"inal estimates are flawed

    E# = ,EA# ( A#)

    EA# = Esti-ate at co-.letion A# = Actual cost

    [PMBOK Guide - Fourth Edition - Page1802

    18]

    Estimate to Complete (EC! when E# = ,BA# ( EV)/#PI

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    Keywords Formulas

    #ariances are typical

    BA# = Bud&et at co-.letion

    EV = Earned %alue

    #PI = #ost .er"or-ance inde

    [PMBOK Guide - Fourth Edition - Page180218]

    Estimate to Complete (EC! when

    #ariances are atypical

    E# = BA# ( EV

    BA# = Bud&et at co-.letion

    EV = Earned %alue

    [PMBOK Guide - Fourth Edition - Page1802

    18]

    $um%er of Communication Channels

    *,*(1)/

    4ere * = *u-ber o" .roject tea-

    -e-bers

    Expected Value (EV! or PE&Estimation

    ,$5065P)/7

    $= $.ti-istic esti-ate

    6= 6ost i9el: esti-ate

    P= Pessi-istic esti-ate

    [PMBOK Guide - Fourth Edition - Page3]

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    Keywords Formulas

    o'Complete Performance Index (CPI!

    %ased on the AC

    #PI = ,BA# ( EV) / ,BA# ( A#)

    BA# = Bud&et at co-.letion

    A# = Actual cost

    EV = Earned %alue

    [PMBOK Guide - Fourth Edition - Page18]

    o'Complete Performance Index (CPI!

    %ased on the EAC

    #PI = ,BA# ( EV) / ,EA# ( A#)

    BA# = Bud&et at co-.letion

    A# = Actual cost

    EV = Earned %alue

    EA# = Esti-ate at co-.letion

    [PMBOK Guide - Fourth Edition - Page18]

    otal Float (or! otal Slac)

    S(ES ,or) ;(E;

    S = ate start

    ES = Earl: start

    ; = ate "inis

    E; = Earl: "inis

    Standard *e#iation of a as) ,P($)/7

    P = Pessi-istic esti-ate

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    Keywords Formulas

    $ = $.ti-istic esti-ate

    Present Value (PV)

    PV = ;V/ ,1 5 r/1)n

    * = *u-ber o" :ears

    r = iscount rate

    $et Present Value ($PV) e i&er te better

    Internal &ate of &eturn (I&&) e i&er te better

    he Pay%ac) Period e lo>er te better

    he +ife Cycle Cost e lo>er te better

    he enefit to Cost &atio (C&) e i&er te better

    Critical Path Pat >it lon&est duration

    &ou"h ,rder of Ma"nitude (&,M!

    Estimate

    Esti-ated %alue 5 or ( ? [PMBOK Guide

    -Fourth Edition - Page178]

    Variance ,Standard e%iation) @ ,Standard e%iation)