The PMP Exam Formula Study Guide
by Cornelius Fichtner
English | 2022 | ISBN: 0996406085 | 266 Pages | True PDF | 3.84 MB
Do you know how to analyze and interpret the numbers coming out of your project management software tools? For example, what would you do next, if you learned that your project's Planned Value (PV) is higher than budgeted? That's something you'll need to know for the Project Management Professional (PMP)® exam.
The exam tests your ability to understand the concepts behind the math. You may face questions including data or graphs where you will have to determine what they mean for the project and choose the right course of action.
The PMP exam changed in 2021 and the focus now is less on knowing how to do the math - we have calculators and tools in real life to help with that - and more on knowing how that data influences decisions on the project.
For example, today it's less important to be able to calculate a TCPI* but you do need to know how the formula works and what the result means. Then you'll be able to determine the team's next steps when faced with a TCPI of 0.9.
This step-by-step guide includes easy-to-follow sections that walk you through all of the nearly 50 formulas you need to understand for the exam (and more). You'll learn the concept behind the math, the formula itself and - most importantly - how to interpret the results to take action for the project.
Then test yourself with 160 sample questions that cover how to use and interpret the formulas (in both visual and text-based questions), agile project management math and more. All questions are in line with the question formats you will see on your actual PMP test including multiple response, drag and drop, hotspots and fill-in-the-blank.
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