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Statistical calculations pmp
Statistical calculations pmp








  1. #STATISTICAL CALCULATIONS PMP PLUS#
  2. #STATISTICAL CALCULATIONS PMP FREE#

  • NT = The time necessary to complete the activity under normal conditions.
  • NC = The activity cost associated with the normal time.
  • CC = The activity cost associated with the crash time.
  • Cost to crash per period = (CC – NC) / (NT – CT).
  • The following equation gives project management formula to calculate cost to crash. Read the following post to know about Critical Path Analysis formulas if the convention that project starts on day Zero is selected.

    #STATISTICAL CALCULATIONS PMP FREE#

  • Free Float = (ES) S – (EF) C – 1 Where S = Successor Activity and C = Current ActivityĬritical Path Analysis Forward and Backward Pass Calculations Also Read Post Related to Critical Path Analysis.
  • Project management formulas to calculate total float / free float. Project Management Formulas for Critical Path Analysis
  • Late Start (LS) = LF – Activity Duration (D) + 1.
  • Project management formulas for Late Finish (LS) if the convention that project starts on day one is adopted.
  • The latest start time of the activity of previous node minus 1 = LS -1įor activities with more than one previous node, LF is the earliest of the latest start times of those activities.
  • On Critical Path LF of the last activity is equal to the EF of that activity.
  • Project management formula for Late Finish (LF) if the convention that project starts on day one is adopted.
  • Early Finish (EF) = ES + Activity Duration (D) – 1.
  • Project management formula for Early Finish (EF) if the convention that project starts on day one is adopted.

    #STATISTICAL CALCULATIONS PMP PLUS#

    ES of the next node is the earliest finish time of the immediately preceding activity plus 1 = EF + 1įor activities with more than one preceding activity ES is latest of the earliest finish times of the preceding activities.Project management formulas for Early Start (ES) if the convention that project starts on day one is adopted. Activity Duration / Cost Estimates = (P + M + O) / 3Īlso read: Program Evaluation And Review Technique Critical Path Analysis Formulas Early Start (ES).Three Point Estimates (Triangular Distribution) Where P = Pessimistic Value M = Most Likely Value O = Optimistic Value Activity Duration / Cost Estimates = (P + 4M +O) / 6.Payback Period (PB) = Initial Investment / Annual Cash Inflow Project Selection Acceptance Criteria Summary Project Selection MethodĪlso read: Project Selection Methods Project Management Formulas for PERT Analysisįollowing are the project management formulas for Program Evaluation and Review Technique (PERT) Three Point Estimates (Beta Distribution)

    statistical calculations pmp

    ROI = Average Income / Average Investment Payback Period Ratio of sum of present value of all cash inflows to project cash outflow.

  • IRR is the discount rate at which NPV = 0īenefit Cost Ratio (BCR) / Cost Benefit Analysis (CBA).
  • While evaluating two or more projects select the project with greater NPV Internal Rate of Return (IRR)
  • Where k = discounting factor / interest rate and N = Number of time periods.
  • Present Value (PV) = Future Value (FV) / (1+k) N Project Management Formulas for PMP Certification Examination Project Selection Methods Net Present Value (NPV) Project Management Formulas
  • Earned Value Analysis Forecasting Project Performance.
  • statistical calculations pmp

  • Project Management Formulas Earned Value Performance Indices.
  • Project Management Formulas Earned Value Variance Analysis.
  • Earned Value Analysis Project Management Formulas.
  • Project Management Formulas for Procurement Management.
  • Project Management Formulas for Expected Monetary Value (EMV).
  • Also Read Post Related to Critical Path Analysis.
  • Project Management Formulas for Critical Path Analysis.
  • Three Point Estimates (Triangular Distribution).
  • Three Point Estimates (Beta Distribution).
  • statistical calculations pmp

    Project Management Formulas for PERT Analysis.Project Selection Acceptance Criteria Summary.

    statistical calculations pmp

    Benefit Cost Ratio (BCR) / Cost Benefit Analysis (CBA).Net Present Value (NPV) Project Management Formulas.Project Management Formulas for PMP Certification Examination.










    Statistical calculations pmp