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PMI-ACP Exam
21 PMI-ACP Contact Hours
FREE PMI-ACP Sample Exams
NEW!If
NEW! you wish to download this table, scroll down for the PDF link
PMP Formulas
Name
Formula
Interpretation
n (n-1)/2
n should include
(Abbreviation)
No. of
Communication
Channels
the project
n = number of members in the
manager
team
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Name
Formula
Interpretation
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WEBSITE SPONSOR
(Abbreviation)
Schedule
Performance
Index (SPI)
< 1 behind
SPI = EV/PV
schedule
PV = Planned Value
schedule
< 1 Over budget
= 1 On budget
> 1 Under
Cost
Performance
Index (CPI)
budget
CPI = EV/AC
sometimes the
EV = Earned Value
term cumulative
AC = Actual Cost
CPI would be
shown, which
actually is the CPI
up to that moment
< 0 Behind
SV = EV PV
schedule
Schedule
Variance (SV)
> 0 Ahead of
schedule
CV = EV AC
< 0 Overbudget
Cost Variance
> 0 Within
EAC = AC + New
ETC
budget
if the original
estimate is based
Completion
(EAC) if original
is flawed
Completion
(EAC) if BAC
on wrong
AC =Actual Cost
New ETC = New Estimate to
data/assumptions
or circumstances
Completion
Estimate at
= 0 On budget
EV = Earned Value
AC = Actual Cost
Estimate at
(CV)
EAC=AC + BAC
EV
have changed
the variance is
caused by a onetime event and is
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Name
Formula
Page 3 of 10
Interpretation
not likely to
(Abbreviation)
remains the
same
AC =Actual Cost
BAC = Budget at completion
happen again
EV = Earned Value
EAC= BAC/CPI
(EAC) if CPI
remains the
same
accurate
Estimate at
EAC=AC + (BAC
-EV)/(CPI*SPI)
Completion
(EAC) if
substandard
performance
continues
AC =Actual Cost
TCPI= (BAC
EV)/
(BAC AC)
Recommended ITIL v3
Foundation 2011 Exam
Reference Book
AC =Actual Cost
<
To-Complete
Performance
Index (TCPI)
TCPI=
Remaining Work
/Remaining
Funds
Edward Chung,
1Under budget
= 1 On budget
certification
experience and
lessons learned about
the PMP Certification,
PMI-ACP, ITIL v3 Foundation and Zend PHP.
EV = Earned value
CPI = Cost performance index
Estimate to
Completion
WEBSITE SPONSOR
<0
Variance at
Completion
Underbudget
BAC = Budget at completion
EAC = Estimate at Completion
PERT
= 0 On budget
> 0 Over budget
(O + 4M + P)/6
Estimation
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Name
Formula
Page 4 of 10
Interpretation
(Abbreviation)
O= Optimistic estimate
free.pm-exam-simulator.com
(P O)/6
Standard
Deviation
this is a rough
estimate for the
O= Optimistic estimate
P= Pessimistic estimate
standard
deviation
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LS ES
Training Materials
LS = Late start
= 0 On critical
ES = Early start
path
Float/Slack
LF EF
< 0 Behind
schedule
LF = Late finish
EF = Early finish
Project Management
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The above 17 PMP formulas are all that youll need for the
PMP Exam. Learn them and understand their application.
You will be able to solve the calculation questions in the
certification exam.
However, if you are still struggling with PMP formulas or
you want some more guided descriptions on how to apply
them with PMP practice questions, you are advised to
explore the PM Exam Formulas Study Guideauthored by
Cornelius Fitchner (the same author of the acclaimed
online PMP Exam Prep course which I used to clear my
PMP exam thePM PrepCast).
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PMP Certification
Cost for PMP Exam,
Recommended by
Edward Chung, PMP
Certification
8 OCT, 2014
13 OCT, 2013
Page 7 of 10
21 AUG, 2014
18 RESPONSES
Comments 18
Robert
Pingbacks 0
For the VAC formula, isnt your interpretation the opposite of Figure 7-12 on p.
219 of PMBOK 5e? That is, if as in the figure the EAC is greater than the BAC then
the VAC is negative and the project is running over budget. Please clarify.
Reply
Edward Chung
Hi Robert,
I have reviewed Figure 7-12 of the PMBOK Guide and found that the figure is for
a project that is over budget (the VAC is negative in this case and would require
the use of management reserve). The figure and the VAC formula are telling the
same thing.
Thanks!
Reply
Dave Murphy
In your first formula about the no. of comm. channel, should it not be 6 * 5 / 2
5*4 / 2 = 5
Assumingthe team number is not included PM. Its kind of confusing when to
add PM or not to add PM in the given number. Can you clarify?
Reply
Edward Chung
Dave Murphy
Dave Murphy
Scenario 1: If the exam state that you (meaning PM) have 4 team members. So, in
this case the N = 4+1 = 5, correct?
Scenario 2: There are 7 stakeholders in the team. In this case, N = 7, correct?
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Page 8 of 10
Scenario 3: You have 3 team members and 8 stakeholders. In this case, N=11,
correct?
Reply
Edward Chung
The question I encountered on the real PMP exam is more or less like
scenario 1.
I would agree scenario 1 and 2 are correct. But for scenario 3, I would
take N as 12 as it is said that you have 8 stakeholders, i.e. you is not
counted as a stakeholder.
Do you agree?
Reply
Massimo
Hi Massimo,
For questions like this, you need to read the question *very*
carefully. You have 3 team members and There are 3
members in your team are DIFFERENT.
You have 3 team members meaning that there are 4 members in
the team.
Hope this help solve your queries. Thanks!
Sheryl
Edward your site is awesome. Our study group is really benefitting from your
posts. Just a note: you mention that you had a .pdf formula sheet download but
we cant seem to find it.
Reply
Edward Chung
Hi Sheryl,
Thanks for your comment. There is a box below the formula table which
will show the download once you have shared the post through
facebook, google+ or twitter. Thanks!
Reply
Nag
Hi,
great site, congratulations
.
I think you are missing one formula for TCPI: PMBOK page 224 last formula in the
table TCPI= (BAC-EV)/(EAC-AC).
Reply
Felicia
I liked the page on my facebook and did not receive the instant link or any link for
that matter to download the formulas in pdf. Please email to me. Thanks!
Reply
Urmimala Shome-Dinath
Hi! I shared via my Google+ acct but cant seem to access the download (not sure
if its because Im using Chrome) so can you email me the link to it please?
thanks!!
Reply
Urmimala Shome-Dinath
Hi Edward, I left a comment about not being able to access the link to the
download yesterday, but now I cant see it in the comments section. So, I hope
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06-05-2015
Page 9 of 10
you receive this. I shared on my G+ acct so could you please email me the PDF?
Thank you.
Reply
Nil
Good summary of the required formula. I was struggling to grasp the formula
required to pass the PMP. good job!
Reply
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