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Group Title Formula

SIGMA 1 68,26
2 95,46
3 99,73
6 99,99985
Communication % Communication PM 90%
Communication Channels
( ) [ ]
2
1 N N
Project Selection
Methods
BCR (Benefit Cost Ratio)
(> best and > 1 has benefit)
Costs
Benefits
NPV (Net Present Value)
> best
( )
n
R 1
FV
PV
+

Payback Period < best


IRR (Internal Rate of Return) > Best
Working Capital Current Assets Current
Liabilities
PERT PERT
6
O M 4 P + +
Variance
2
6
O P
1
]
1


Standard Deviation (1 act)
6
O P
Estimating Definitive Bottom-up -5% ~ +10 %
Budget(ary) / Top Down / Analogous -10% ~ +25%
Rough Order of Magnitude -25% ~ +75 %
Earned Value
Tecnique
Cost Performance Index(CPI) EV/AC
Cost variance (CV) EV-AC
CV% CV/EV * 100
Estimate at Completion (EAC) BAC/CPI
Estimate at Completion (EAC) AC+ETC
EAC for Atypical variances AC + (BAC EV)
EAC for Typical variances
CPI
) EV BAC (
AC

+
Estimate to Complete (ETC) EAC- AC
Schedule Performance Index (SPI) EV/PV
Schedule Variance (SV) EV-PV
SV% SV/PV*100
Variance at Completion (VAC) BAC - EAC
Risk Expected Monetary Value Probability x Impact
Time Total Float LS ES or LF - EF
Free Float Sucessor (ES) Activity (EF)
Procurement Elements of calculation
TC=Target Cost TF=Target Fee
TP=Target Price CP=Ceiling Price
FP=Final Price AC=Actual Cost
AF=Actual Fee
Sharing Ratio (X%/Y%) Where X%=buyer
and Y%=seller (eg. 80%/20%)
Formulas
TP=TC+TF
FP=AC+AF
AF=TF+ Y%x(TC-AC)
-------------------------------------
Total Point Assumption (TPA)
is FP=TP then
TC
% Y
TP CP
TPA +

,
_

PMP Preparation Simplified


PMP Preparation Simplified
PMP Weightage guide
As discussed in my earlier post, PMI have released PMP examination outline
for PMP aspirants. The following is text and information from the guide as is:
PMI Question proportion Weightage Guide
The following table identifies the proportion of questions from each domain
that will appear on the examination. These percentages are used to
determine the number of questions related to each domain and task that
should appear on the multiple-choice format examination


Putting the pieces together:
Lets have a look again at the weightage and the 42 PMBOK process. What I have done is simply put the
no of processes against the knowledge area under the process group. Eg Integration have 1 process called
develop project Charter under Initiating hence a process count of 1 is given at relevant place.
Process Count/Process group Table
Inferences:
Would you prepare 2 processes under initiating process group or 20 process
under Planning process group (Keeping in mind that time is a constraint) ??
Lets do a simple math!!
Keeping weightage and Process count under each process group and provide
the weightage across processes The idea being find out the most important
Knowledge Area and Most Important processes.
(Here the Caveat being all processes carrying the same weightage since we
have limited guidance from PMI which guides to weightage at Process group
only Table Process Group weightage)
Take Aways:
1. Integration Knowledge Area carries most of the weightage Very important
!!
2. 2 Processes from Initiating and 2 processes from closing will help you land
bigger success in PMP examination.
3. Executing Process group having Highest weightage and having only 6
process group is the best usage of your time.
Please keep in mind that this is an interpretation of weightage having
assumptions in place. The assumptions are not validated from PMI and hence
forms only the guide for you to put focus at right place for efficient outcome.
You still need to understand and apply ALL processes under ALL process
group :)

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