@WPmsiudy ‘Targeting success 5 PPiojee Management Insite PMstudy Process Chart Nene Initiatins Pauly oT a pele Seen r r i Zonet r oror and Cosh Integration Develop Project Develop Project Cheat ancl [work Close 3 Charter Management Plan ||| Matage Project Pere or Phase Beeeston Betform Integrated || Final product, service, Deters || Shagesentc” | Tre aciion > [cates Feasronen| — ry Spe IScope sooo ||etine scope = = Ls [bein Actes sect > |[seaeeacntes eins ime py en | oa * — Sai sexy ougon|™ | Be Duane ate v1, | Gee mee seo” | Sede cost ety ont Lon ar Can Determine Bget | [°28tporomanco : Perform Perform lauality [Pancuaty——Ff)) Stale Ee _ aur Sal asogrmens Human Rew resource ||} Develop —|Team Performance Resource Pun Proje Toam _|accossmonts Wraps Pad ton Y bs oan ‘ono Fin Ropar Communications) Sotetowers Communicatons ||| Manago Staxonotor||Petermance ovcsions anise b Management it (kom Rsis ——] reese : . Por Quaave Monon ara Risk pu popurl|[eoroaiae Cote ts Updates Perform Quantitative anaes ae oceeren SOW Responses: Procurement Procurement Soar conta Peon Vea 7 {oes Pen at pain cae Procurement Procurements |! Procurements Procutemonts Procurements © 2012 PMstudy.com vaa@Pmsiuay Een Targeting success se Gee R CN nLy PERT=(P + (4M + 0)V6 Std Deviatis (P - OV Term Definitions (Only for reference. on Do not reproduce in PMP'Exam) Formula Variance = ((P - OV}? Project PERT = sum of pv Planned Value PERT values of EV Eamed Value Individual tasks Project Variance ac ‘Actual Cost sum of variance ot BAC Budget at Completion Individual tasks sv ‘Schedule Variance EV-PV Normal Distribution ov Cost Variance EV-AC Saunas gars SPI ‘Schedule Performance Index EV/PV 2 sigma = 95.46 % jp gma = 68.26% CPI Cost Performance Index EV/AC % Complete | Percentage Complete (EV/ BAG) X 100 Communication EAC 1. Estimating Assumptions not valid | 4. AC +ETC NON -1)/2 (Estimate at | 2 SurentVaances are apical 2,AC + BAC - EV urrent Variances are typical = . Completion) (DEFAULT) 3. BAC/CPI ews Probability ETC Estimate to Complete EAC- AC Float vac Variance at Completion BAC EAG "To-Compiete Performance Index 7 7 tcp! (Based on BAC) (BAC - EV) / (BAC - AC) “To-Complate Performance Index (Based on EAC) (BAC - EV) / (EAC - AC) Mu TCY ‘Acronym ‘Term Definitions (Only for reference, nana Do not reproduce in PMP'Exam) oral AF = Actual Fee; TC = Target Cost _ ac)" SsR)4 AF [AG Actual Cost; SSR = Sellers Share] ((TO ~ AC)" SSR) Ratio; TF= Target Fe Hints for PMstudy Process Chart (no need to reproduce in final PMP"exam) 1. The PMstudy Process Chart should be dumped from memory In 15 minutes before you start answering questions in PM" ‘exam. So, practice and abbreviate as much as possible. 2. You do not need to wrte down the Term Definitions in the inal PMB" exam (.. lack text in this page) 3. For Earned Value calculations, + Formula for SV, CV have EV as frst term. Postve Variances (2.9. $V, CV) are good. + Allratios have EV as frst term and ratios greater than 1 (@.9.0PI, SPI) are good. 4. @: Shows plans (now to) for the process. Primary output is“... Management Plan” fr all marked processes. 5. Allprocesses which begin with “Develos" or "Create" have the main ouput sare as what is mentioned in the process. Eg. Main output of ‘Develop Project Charter’ is Project Charter’. Siilaly, main output of “Create WBS" is "WBS". 6. For most Monitoring and Controling Processes, inputs include WP! (Work Performance Information) and relevant plan documorts. Outputs typically include Chango Requests (1. Preventive Action, 2. Corrective Action, 3. Defect Repair, 4. Other Requested Changes). © 2012 PMstudy.com vada