PMP Formula Cheat Sheet

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    08-Nov-2014

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PMP Formula Cheat Sheet

Initiation Process Group Present Value PV= FV (1+r)n FV= future value R= interest rate n = number of time periods Net Present Value Internal Rate of Return Benefit to cost Ration Pay Back Period Benefit to Cost Ratio The higher the better The higher the better The higher the better The lower the better The lower the better

Planning Process Group Three Point Estimate Optimistic + Pessimistic + 4 * Most Likely 6 Standard Deviation Pessimistic - Optimistic 6 Activity Variance Pessimistic - Optimistic 6 Free Float or Free Slack Total Float or Total Slack Free Float ( A) = Early Start (B) Earl y Finish (A) Total Float (A) = Late Start ( A) Early Start (A) Total Float (A) = Late Finish (A) Early Finish (A) Cost Estimation Rough Order Magnitude (ROM) Estimate + or 50% Budget Estimate -10 to +25% 2

Definitive Estimates (2 options) + or -10% | -5 to 10% Expected Monitory Value (EMV) Communication Channels Probability * Impact N (N-1) /2

Project Management Professional Formula Cheat Sheet

PMP Formula Cheat Sheet

Monitoring & Controlling Process Group Cost Variance (CV) Schedule Variance (SV) Cost Performance Index (CPI) Schedule Performance Index (SPI) Estimate at Completion (EAC) At Present CPI Estimate at Completion (EAC) At Budgeted Rate Estimate at Completion (EAC) Considering both CPI and SPI Estimate to Complete (ETC) When original estimates are flawed Estimate to Complete (ETC) When variances are typical To-Complete Performance Index Based on Budget at completion To Complete Performance Index Based on EAC Variance At Completion (VAC) Budget at Completion Earned Value | BAC- EV Cost Performance Index CPI Earned Value Actual Cost | EV-AC Earned Value Planned Value | EV-PV Earned Value / Actual Cost | EV/AC Earned Value / Planned Value | EV/PV Budget at Completion / Cost Performance Index EAC = BAC/CPI Actual Cost +( Budget at Completion Earned Value) AC + (BAC-EV) AC + ( BAC EV_) CPI * SPI Estimate at Completion Actual Cost | EAC - AC

Budget at Completion Earned Value | BAC - EV Budget at Completion Actual Cost Budget at Completion Earned Value | Estimate at Completion Actual Cost BAC- AC BAC - EV EAC- AC

Budget at Completion Estimate at Completion | BAC - EAC

Project Management Professional Formula Cheat Sheet