PMP Formulas in under 5 minutes for PMP Certification

[@wendeewebb6708]

This was the easiest and most straight forward way I've found on KZbin to remember these formulas. THANK YOU!!

[@jmermaidx]

my exam is in a couple hours and this is the first time the EVM formulas clicked for me! thank you so much for this

[@NeLshawn]

Aileen, I earned my PMP a few days ago. Your videos were very helpful. Thank you!

[@AileenEllisPMPPgMP]

congratulations

[@abdirazakmohamedmuhaajin]

Thanks madam, I got this now, and my exam is after 3 hours, I will share the success story inshallah. either way, I am grateful!

[@AileenEllisPMPPgMP]

Hello all. Let me know what you think of this video and what other topics you would like to see on my youtube channel.

[@markheidisantos5054]

Aileen Ellis thank you for this! Very helpful 👍

[@AileenEllisPMPPgMP]

Glad the video helped you. Go to my website www.aileenellis.com and scroll to the bottom for a free mini online workshop on earned value management for the PMP Exam.

[@09bmb09]

Hi Aileen, In this video you did not include the Present Value formula. PV= FV/(1 + i)^N. Is this not likely to show up on the exam? Please advise.

[@nyaneece]

Thank you for this, super helpful!

[@anyah8876]

The videos are very helpful! Thank you Aileen

[@cleohaynal6985]

Thank you for the useful videos. Would love more around Scope

[@candicebessette2536]

Thank you for the simplicity of the list. Very helpful!

[@AileenEllisPMPPgMP]

Yes. People are wasting so much time on formulas they do not need to know for the PMP Exam. This list is simple.

[@candicebessette2536]

Aileen Ellis I could not agree more. That’s the advantage of your program; you being a registered trainer, helps us to condense the most valuable information. I don’t have time to be wasting!

[@sankarand9728]

thanks...its simple to understand...

[@AileenEllisPMPPgMP]

Thank you. Any other topics where you need help? Don't forget to join our mailing list at: www.aileenellis.com/

[@ann_abraham1]

Hello Aileen, I have never seen a practice question asking about # of Communication Channels. Is there an example I can refer to? Thanks!

[@adnanghemrawi5231]

You are managing a project with project teams in different geographical locations. There are approximately 25 team members plus a team lead at 3 different locations. Additionally, there are 3 members from a supporting group that are working part time on the project. How many communication channels are possible in your project? A- 496 B- 992 C- 424 D-32 ______________________________________________________________________________ The correct answer is: A This is directly based on the formula n*( n -1 )/2 . If n is the number of stakeholders in the project, the total possible communication channels = n*( n 1 )/2. The project has 25 team members, 3 team leads, 3 support team members, and the project manager. That makes 32 people and 496 possible communication channels. Refer to PMBOK ® Guide Sixth Edition Project Communications Management, Communication Channels, Glossary.

[@GermanMedinaNeria]

😀😀 Super good 👍🏻👍🏻

[@AileenEllisPMPPgMP]

Glad you enjoyed the video. Let me know what other topics would help you.

[@claudiokubler281]

hi aileen, other EAC (typical, atypical) are not likely to be used?

[@AileenEllisPMPPgMP]

The other formulas are not likely to be used on the exam, though they are certainly used in real life. If you send me an email , we can invite you to free online PMP training that we offer for one hour per week. [e-mail]

[@faradjian]

Hi Aileen, Does your video suggest that these are ONLY the formulas that we should study for the exam? How about the formula for standard deviation (O + P)/6 for example and all the others in the PMBOK?

[@AileenEllisPMPPgMP]

Hi. These are the only formulas I would study for the exam. I would expect you will see very little math on your real exam.

[@steveschaaf5075]

Hi Aileen, what about Net Present Value, IRR, Benefit-Cost Ratio, Payback Period and EMV (From Risk mgmt)? Should I not worry about those as much? Thx!

[@AileenEllisPMPPgMP]

Hi Steve. Thanks for your email. I assume you are preparing for your PMP Exam? Hope my KZbin videos are helping you. You may see questions on the exam related to NPV, IRR B/C and Payback period. I would expect though that you will have no calculations related to these topics. I do have sample questions on these topics that do not involve calculations. As far as EMV, yes, you may see a question on this topic on the exam. My view though, is that you need to analyze the question to determine how to solve it. It is not about memorizing an equation. Are you aware I do free live online training for one hour, for the PMP, once per week? If you are interested send me an email at [e-mail]

[@mangeshkhairnar100]

Thank you that was very helpful.

[@AileenEllisPMPPgMP]

Glad I was able to help you. Are you attending my free online PMP training every week? If not, sign up for my mailing list to get invited: www.aileenellis.com/

[@becool420]

Pls help to understand, what does it mean when you say "assuming you are getting your full EAC".

[@AileenEllisPMPPgMP]

EAC stands for estimate at completion. In my words, it is your estimate of what the project will cost, based on what you know now. We will take an example. Your project BAC = $400. After running the project for several days you realize it cost you $200 (AC = $200) to do $100 (EV = $100) worth or work. Now your EAC = $800. You tell your management and they give you the full $800 (including the $400 you started with.). This is what I mean by assuming your are getting your full EAC.

[@ravi_shuklas]

What about n/w dig qus