PMP
PMP
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Certification
PMP Formula of the Week: EV?
Which of the following is not true of EV?
By Guest Authors -
Certification
PMP Formula of the Week: Confidence Level
You are estimating the total project cost using three points for cost estimates with a 95 percent confidence level. What is the cost estimate range if the estimated project cost is $120,000 and the standard...
By Guest Authors -
Certification
PMP Formula of the Week: Project Schedule Information
What piece of work performance information provides the most valuable information about a project behind schedule?
By Guest Authors -
Certification
PMP Formula of the Week: Random Defective Article
The quality control team raised concerns about the output quality of a specific machine used in your pilot test. You ask the team to provide quantitative data to validate their concerns. The quality control team...
By Guest Authors -
Certification
PMP Formula of the Week: Current Project Status
If PV = $10,000, EV = $9,000 and AC = $9,000, what is the current status of your project?
By Guest Authors -
Certification
PMP Formula of the Week: S-Curve
An S-curve for your project's PV, EV and AC show AC above PV and EV below PV. What does this indicate?
By Guest Authors -
Certification
PMP Formula of the Week: Fixed-Price Incentive Fee Contract
As the seller, you are completing a project under a fixed-price incentive fee contract, with a fixed price of $130,000. The incentive (or penalty) is set at $2,000 per week for each week that the...
By Guest Authors -
Certification
PMP Formula of the Week: TCPI
What formula is used to determine To-Complete Performance Index (TCPI)?
By Guest Authors -
Certification
PMP Formula of the Week: What is the CPI?
What is the CPI if PV = $10,000, EV = $9,000 and AC = $9,000?
By Guest Authors -
Certification
PMP Formula of the Week: Schedule Performance Index of 1
What condition does a Schedule Performance Index (SPI) of 1 mean for a project?
By Guest Authors
