pmp exam prep

PMP Formula of the Week: Current Project Status

October 12, 2015 Guest Authors Cisco, Cloudera, Featured, Professional Development, Project Management, Routing & Switching, Technology, Training in Business

If PV = $10,000, EV = $9,000 and AC = $9,000, what is the current status of your project?

PMP Formula of the Week: S-Curve

October 5, 2015 Guest Authors Cisco, Cloudera, Featured, Professional Development, Project Management, Routing & Switching, Technology, Training in Business

An S-curve for your project’s PV, EV and AC show AC above PV and EV below PV. What does this indicate?

PMP Formula of the Week: Fixed-Price Incentive Fee Contract

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

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 project is under (or over) schedule. When you deliver the project two weeks late, how much money will you receive?

PMP Formula of the Week: TCPI

September 21, 2015 Guest Authors Cisco, Cloudera, Featured, Professional Development, Project Management, Routing & Switching, Technology, Training in Business

What formula is used to determine To-Complete Performance Index (TCPI)?

PMP Formula of the Week: What is the CPI?

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

What is the CPI if PV = $10,000, EV = $9,000 and AC = $9,000?