Most Important 8 Formulas to Memorize before Your PMP Exam

Formulas 1:

Cost Variance (CV) = Earned Value (EV) – Actual Cost (AC)

It is most important to understand the formulas from 1 to 4 formulas that are pretty common in their places. As per the above formulas, it will be important to understand the means of using formulas that come to drive the value of cost variance, schedule variance, cost performance index, and schedule performance index that are typically keeping Earned Value at the top from the actual value.

Formulas 2:

Schedule Variance (SV) = Earned Value (EV) – Planned Value (PV)

If you are maintaining earned value comes before any other value and to know that it is most important to check out the cost-related questions. It helps you to think about the actual cost with earned value. And further you can have the question about a schedule that makes you quite eligible to think about planned value along with the earned value.

Formulas 3:  

Cost Performance Index (CPI) = EV / AC

When it comes to finding a similar question related to getting index values, actual cost, and planned value, it always comes with the earned value in useful points. You can have the cost performance index value, actual cost that will be divided from earned value. It is most important to know the questions related to the Actual cost that always depend on the earned value and you can find amazing tips to have the cost performance index at the legitimate index showing down that you can use in many ways.

Formulas 4:

Schedule Performance Index (SPI) = EV / PV

It is certain that when you select the schedule performance index, you can have the planned value that makes it double with the earned value and provide you more relaxation with complete benefits that you have earned. Therefore, there are such kinds of circumstances that make you eligible for the earned value that plays a huge role in the PMP certification training online and wears great confidence to earn certification online easily.

Formula 5:

EAC = AC + Bottom-up ETC

It is said that when you decide to estimate the completion, you are required to focus on the actual costs that raises when you obtain the future value you precede the project. This fifth formula will provide to use with the original estimate which is fundamentally flawed. It is most important to see the best trick of using this formula and always get ready to estimate the rest of the work with ease.

Formula 6:

EAC = BAC / Cumulative CPI

If you are quite eligible to maintain positive value in both CPI and SPI at the period of examination or handling the project planned, you can have amazing professional in such kind of formula. It is great to have the above-mentioned formula would provide you a great value of giving the exam and be promoted with the highest percentage marks.

Formula 7:

EAC = AC + (BAC – EV)

When you find everything in the bustle situation during PMP training online, you can have incurred more money on the project-based task than expected or planned before. This seventh formula will make you quite eligible to calculate as well as estimate at completion value for your actual cost that is required to use first.

Formula 8:

AC = AC + [BAC – EV / (Cumulative CPI ´ Cumulative SPI)]

This is one of the best formulas that help you to calculate the actual cost to actual and also provide you remaining budget which is typically changed based on the performance. It is most important to believe the current ratio that you have planned in recent times. So if you want to meet to schedule a period, you need to calculate the EAC according to meet that schedule effectively.

Thus, if you face any trouble in using or doing anything with the formula, you are required to contact our trainees who are available to help at any time.

PMP Certification Training Online

You can have the best theory of the formula that can make you eligible to take participants in the exam of PMP training online that you can do whether online or offline mode. You are quite eligible to get the training in both modes where you can feel relaxed to know everything in detail and make yourself eligible to pass in the examination with good grace. There are duration and process of the training class that you need to attain with

• Providing the class at least 36 hours/PDUs,
• Getting 8 industry case studies and 20 industry-based scenarios.
• Offering 6 hands-on projects and 7 simulation test papers with 200 questions each.
• Providing a 100% money-back guarantee class where you can ask the question in connection to the PMP certification and training online to clear your doubts.
• Providing great respect after achieving a 99.9% rate in the theory and practice and make yourself ready to memorize the formula till the last time.
• You can enroll yourself at the cheapest rate state from 8999 and also get the discounts as per the requirements.       

Conclusion

When it comes to the formula to use and remember for a long time, you need to make sure that where and how you can use them certainly. It is important to read the questions carefully and consider using the right formula in the right place. Moreover, to use the cost management formulas, you are required to start with the current with any new update on the project management institute website.

For more help regarding Project management training online, you can contact the top-class trainers at Careerera, who are available to provide you actual information and advice regarding the course at any time.