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PMP Practical Exercises (PMBOK® Guide Fifth Edition)


Overview/Description
Target Audience
Prerequisites
Expected Duration
Lesson Objectives
Course Number


Overview/Description
In preparation for the PMP exam, this course offers practice using the formulas for earned value management, communication channels, and make or buy analysis; and how to use a control chart and identify when a process is out of control.

Target Audience
Existing project managers pursuing certification in recognition of their skills and experience, or others training to become accredited project managers

Prerequisites
None

Expected Duration (hours)
1.1

Lesson Objectives

PMP Practical Exercises (PMBOK® Guide Fifth Edition)

  • calculate the planned value and earned value, given the budget, % of time passed and % of work completed
  • calculate the schedule variance and schedule performance index, given the earned value and planned value
  • calculate the cost variance and cost performance index, given the earned value and actual costs
  • determine project performance, given a set of raw data points
  • utilize work performance data to determine project performance
  • determine the estimate at completion, using the formulas for scenarios 1 and 2
  • recognize how the choice of EAC formula depends on the project situation
  • use a control chart to determine when a process is out of control
  • calculate the number of communication channels, given the number of members on a team
  • perform a make or buy analysis and determine the breakeven point
  • Course Number:
    apj_16_a02_bs_enus

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