pmp formulas

PMP Formula of the Week: Three-point Estimate

December 28, 2015 Guest Authors Cisco, Cloudera, Featured, Professional Development, Project Management, Routing & Switching, Technology, Training in Business

You are determining activity duration estimates and one of your colleagues suggests using a three-point estimate. What is the primary advantage of this method?

PMP Formula of the Week: SV of 338

December 14, 2015 Guest Authors Cisco, Cloudera, Featured, Professional Development, Project Management, Routing & Switching, Technology, Training in Business

If your project has an SV of 338. What does that indicate?

PMP Formula of the Week: Product Manufacturing Choice

November 30, 2015 Guest Authors Cisco, Cloudera, Featured, Professional Development, Project Management, Routing & Switching, Technology, Training in Business

The ToyzWeMake Company is considering the risk of producing two new toys. Equipment and resources are limited and they must choose only one product to produce at this time. Based only on the information provided, which product offers less manufacturing risk?

PMP Formula of the Week: CPI of 1.0

November 23, 2015 Guest Authors Cisco, Cloudera, Featured, Professional Development, Project Management, Routing & Switching, Technology, Training in Business

On a performance report, what is the meaning of a CPI (Cost Performance Index) of 1.0?

PMP Formula of the Week: What is BAC?

November 16, 2015 Guest Authors Cisco, Cloudera, Featured, Professional Development, Project Management, Routing & Switching, Technology, Training in Business

What does BAC determine?