Brain dump PMP 5

Marc-Noël FAUVEL - contact@mnfauvel.com 1

 Brain dump PMP 5

Marc-Noël FAUVEL - contact@mnfauvel.com 2

 Brain dump PMP 5
Process groups & knowledge areas
● Initiating
● Planning
I P E M C ●

●
Executing
Monitoring [/Controlling]
I ● Closing
● Integration
● Scope S
● Time T
● Cost C
● Quality Q
● Human Resources H
● Communication C
● Risks R
● Procurement P
● Stakeholders S
Marc-Noël FAUVEL - contact@mnfauvel.com 3
 Brain dump PMP 5
Time

TOTAL FLOAT
ES

EF
LS

LF
FREE FLOAT

Marc-Noël FAUVEL - contact@mnfauvel.com 4

 Brain dump PMP 5
Earn value management (14 formules)

SV = EV – PV EV = BAC x %scope realized

T → PV SPI = EV / PV PV = BAC x %schedule realized
S → EV
C → AC CV = EV – AC
CPI = EV / AC
BAC −EV
BAC EAC − AC
EAC 1 =
CPI TCPI
New estimation EAC2 = AC + ETC
ETC
BAC −EV
BAC − EV EAC3 = AC + BAC - EV
BAC − AC
CPI

VAC = BAC - EAC

Marc-Noël FAUVEL - contact@mnfauvel.com 5

 Brain dump PMP 5
Reserve analysis Leads & lags
Planning
Plan Time Management
Define Activities
Time Sequence Activities
Estimate Activity Resources
Estimate Activity Duration
Develop Schedule

Plan Cost Management

Cost
Estimate Costs
Determine Budget

Plan Risk Management

Risks Identify Risks
Perform Quali. RA
Perform Quanti RA
Plan Risk Responses
+ Control
+ Control risks schedule
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 Brain dump PMP 5
Procurement ceiling price−total price
PTA = + total cost
share buyer

Cost curve
Price curve

Marc-Noël FAUVEL - contact@mnfauvel.com 7

 Brain dump PMP 5
FPIF calculation
In the contract, the target cost was estimated to $150,000 and the target fee at $30,000.
The project is over, and the buyer has agreed that the costs were, in fact, $210,000.
Because the seller's costs came in higher than the estimated costs, the seller shares in
the added cost: 60% to the buyer, 40% for the seller. Calculate the final fee and final price
and PTA. The ceiling price was $200,000.

1) because the seller was not able to control 2)

the project, he will not receive all the fee: the $ 200000−($ 150000+$ 30000)
difference between the total cost and the PTA=( )+$ 150000
0,6
estimation is $150,000-$210,000=$60,000. =$183,333
The seller shares this difference at 40%, ie
$24000. Though, he will not receive $30,000
3) total price = $210,000+$6,000 = $216,000.
but $30,000-$24,000=$6,000
But as this amount is higher than the ceiling
price; consequently, the final price is
$200,000.

Marc-Noël FAUVEL - contact@mnfauvel.com 8

 Brain dump PMP 5
CPIF calculation
In this contract, the cost is estimated at $210,000 and the fee at $25,000. The project is
over, and the buyer has agreed that the costs were, in fact, $200,000. Because the
seller's costs came in lower than the estimated costs, the seller shares in the savings:
80% to the buyer, 20% to the seller. Calculate the final fee and final price.

1) the difference between the cost estimation 2) the final price = total cost + total
and the real cost is fee
$210,000-$200,000=$10,000. = $200,000+$27,000
The seller shares at 20% this difference, ie = $227,000
$2,000.
The total received fee for the seller is so
$2,000+$25,000=$27,000

Marc-Noël FAUVEL - contact@mnfauvel.com 9