Project management pmp formulas project management. Earned value is equal to the completed portion of the bac. In 2018, the pmbok will switch from the 5 th edition to the new 6 th edition. You may be curious about what has changed for the pmbok book between edition 5 and edition 6, and how it impacts the pmp exam. There are about 2030 mathematical based problems in the pmp test. Pmp, pmi, pmbok, capm, pgmp, pfmp, acp, pba, rmp, sp. This is it the folder that you can get directly after purchasing. It is a universal fact that at any stage of project management, project managers are required to perform simple as well as complex computations and calculations for their projects. Lets move forward to learn the most common pmp formulas. For pmbok 5, isnt it a bit scary trying to memorize someone elses 2, 5, or 9 pages of formulas.
At the end of this article, there will be an option for you to download this guide. Weve put together the ultimate pmp study notes pdf to help you with the transition. In todays post, i am sharing study and preparation experience of danielle who passed her exam without memorizing pmp formulas. We have prepared a pmp formulas pdf including all these formulas. Many students think that pmp exam is a learning and memorization game. There are bunch of formulas some from pmbok, some from other sources that are in the scope of pmp exam. I have created a comprehensive pmp formulas cheat sheet based on pmbok guide 6th edition. Pmp, pmi, pmbok, capm, acp and pdu are registered marks of the project. Pmp formulas and calculation for the certification demystified. Formula additional notes 1 present value pv 1 r n fv pv the result amount of money to invest today pv for n. There are earned value analysis formulas, 7 financial measures formulas and 7 additional formulas. Do not get intimidated by the formulas the formulas are not hard to learn if you follow my step by step plan its easy with a little practice you should be able to write them down in 5 minutes.
Free download of the best capm pmp formulas cheat sheet for pmi exams. Reinforce project management sensibility through targetted learning instruction. Savings target cost actual cost bonus savings x percentage. So, go through this pmp formula cheat sheet and take a step ahead for the preparation of certification exam. The formula table explained on the following 5 pages you will find the essential. But the bac is a moving target, so the formula ev percent complete x bac will produce different figures over the. Looking at a career as a certified project management professional pmp. Pmp formulas and calculations advanced guide with examples.
The percentage of questions which are based on pmp formulas range from 5 % to 10%. Itto spreadsheet 6th edition printable spreadsheet itto. To learn how your can obtain your project management professional pmp credentials in the next. Pmbok is a registered mark of the project management institute, inc the pmi talent triangle and the pmi talent triangle logo are marks of project management institute, inc.
If you are a pmp candidate that has been preparing pmp exam based on the pmbok edition 5, i am sure you are keenly aware of march 26, the exam will be updated with content from edition 6. You just need to know the formulas and their application to crack these questions. The percentage of questions which are based on pmp formulas range from 5% to 10%. Pmp formulas cheat sheet with essential pmp exam formulas and a diagram to help you understand the cost management formulas.
Pmp formulas cheat sheet recently, i took pmp certification. Free pdf based on pmbok guide 6th edition having 45 project management formulas. Pmbok 5 learning pmp formulas your lesson plan youtube. The cost performance index measures the cost efficiency of an ongoing project. Process chart 1 pmp training pmp certification and pmp. All you need to do is memorize the formulas and then plunk in the numbers from the questions. Pmp formulas in under 5 minutes for pmp certification what formulas should you study for the pmp exam.
Here is our pmp flash card pdf file for one section of the pmp knowledge areas. Pmp formulas pmbok 6th edition here are 27 pmp formulas that are required for the pmp examination. Which is akin to what you have finished of what you estimated it would require. In this video, aileen walks you through the 11 formulas you need to know for. You will not be able to answer the correctly if you do not have the appropriate formula memorized. The secret of creating your pmp exam brain dump sheet. A guide to the project management body of knowledge pmbok guide.
Pmp exam edition 5 vs 6 comparison wisdom depot project. If you wish, you can download the pmp formulas table above as a pdf file. Im posting the formulas that i had gathered during preparation in my personal cheat sheet, so. Understand formulas and calculations for the pmp exam in an easy and approachable. How to memorize the tools and techniques of the pmbok guide 6th edition for the pmp. Make sure you know the complete list of formulas in the pmbok. Pmbok 6th edition pdf knowledge areas changes, download. When you are learning new topics, you will need to memorize what you have learned previously.
Disclaimer and copyright statement pmbok guide, pmi and pmp are. Special mention to ahmed galal soliman for his contribution in the preparation of this document. Weve put together a list of pmp formulas that you should know along with an explanation of how to use them. Important formulas for the pmp exam page 3 acronym term definition etc estimate to complete how much more we expect project to cost from this point in time. Allbraindumps question bank of 3610 questions and answers updated to the 6th edition pmp exam i have also prepared my easy to study notes170 pages for the pmp summarized from the pmbok 6th edition. A comparison between pmp pmbok edition 5 and edition 6 exam. From pmp certification allinone for dummies, 2nd edition. You can also find list of formulas from my brain dump, linked under popular posts section on. This pdf is well known tape in the world, of course many people will. We prepared this summary in pdf ready to be printed with all the formulas that may appear in your pmp exam based on pmbok 6th edition.
Do you need to memorize pmp formulas to pass the exam. How to pass pmp exam on first try in 2020 pmbok 6th edition how to pass pmp exam on first try for pmbok. Pmbok 5 learning itto to pass the pmp test youtube. Pmp project management professional certification all maths and formulas of pmp and pmbok 6.
Understand and memorize these 17 pmp formulas mentioned in the pmbok. Pmp formulas pmbok5 project management business scribd. It is available as a free downloadable pdf in this post. During your pmp study, you will learn lots of topics, new concepts, formulas etc. Pmp formulas cheat sheet wisdom depot project management. This cheat sheet gives you quick, handy pmp certification facts to remember on test day to help you answer exam questions. You can find these from my book the complete pmp formula guide, from this page. Free pdf based on pmbok guide 6th edition having 45 project management. The above 17 pmp formulas are all that youll need for the pmp exam. Pmi, pmp and pmbok are trademarks registered by project management institute. Pmp certifcation training in hyderabad,pune,bangalore. The pmp certification exam may not present a question for each possible formula.
Download free pmp formulas cheat sheet for pmbok guide 6th. Here is a summary of all the formulas in the pmbok 6th edition guide that you may see on your upcoming pmp exam or capm exam. The pmp cheat sheet is aligned with pmp pmbok 6 and includes the pmp exam formulas that you will need to know to pass the pmp exam. The major change is that the pmbok will include agile in all the knowledge areas. Itil is a registered trade mark of axelos limited, used under permission of axelos limited. You will be able to solve the calculation questions in the certification exam. Vac variance at completion how much under budget or over budget we expect the project. These computations are performed with the help of certain formulae. The pmp certification exam will contain questions requiring the use of formulas to calculate the correct answer. Pmp, pmiacp and pgmp are registered marks of the project management institute, inc. During your pmp preparation, write down the formulas over a piece of paper on a daily mode until the exam day. Pmp, pmi, pmbok, capm, acp and pdu are registered marks of the project management institute. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Vac variance at completion how much under budget or over budget we expect the project to be once it is completed.
Lets look at the complete list of 17 pmp formulas you need to know for your exam along with a description for each. Additionally, a few processes have been added and a few processes will get their names changed. The below given pmp formula sheet represents the list of 25 pmp formulas to prepare for the pmp certification exam. As it stands, all of the 47 processes have been summarized. All the pmp formulas and calculations pmbok 6th edition.
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