The PMP Exam Formula Study Guide

The PMP Exam Formula Study Guide

The PMP Exam Formula Study Guide

by: Cornelius Fichtner (Author)

Publication Date: 2022-02-17

Language: English

Print Length: 268 pages

ISBN-10: 0996406085

ISBN-13: 9780996406086

Book Description

Do you know how to analyze and interpret the numbers coming out of your project management software tools? For example, what would you do next, if you learned that your project’s Planned Value (PV) is higher than budgeted? That’s something you’ll need to know for the Project Management Professional (PMP)® exam.The exam tests your ability to understand the concepts behind the math. You may face questions including data or graphs where you will have to determine what they mean for the project and choose the right course of action.The PMP exam changed in 2021 and the focus now is less on knowing how to do the math - we have calculators and tools in real life to help with that - and more on knowing how that data influences decisions on the project.For example, today it’s less important to be able to calculate a TCPI* but you do need to know how the formula works and what the result means. Then you’ll be able to determine the team’s next steps when faced with a TCPI of 0.9.This step-by-step guide includes easy-to-follow sections that walk you through all of the nearly 50 formulas you need to understand for the exam (and more). You’ll learn the concept behind the math, the formula itself and - most importantly - how to interpret the results to take action for the project.Then test yourself with 160 sample questions that cover how to use and interpret the formulas (in both visual and text-based questions), agile project management math and more. All questions are in line with the question formats you will see on your actual PMP test including multiple response, drag and drop, hotspots and fill-in-the-blank.You’ll learn:The ‘why’ behind the numbers:what the math is used for and why the formula helps you make better decisions on your projectsHow to confidently interpret the results, even if there is more than one variantThe keywords to spot in questions that are your clues to which formula to useThe fastest ways to learn the formulasHow to approach formula-based questions confidently on exam day.The PMP Exam Formula Study Guide is your authoritative source for understanding the concepts behind the numbers and being equipped to interpret the results. The guide teaches you what is important for the current exam:how to analyze and interpret the questions and make the best decisions for the project. And that’s a skill that’s handy on-the-job too!Cornelius Fichtner, PMP, CSM, is one of the world’s leading experts in PMP exam prep, having helped thousands of students successfully gain their certification through his no-nonsense teaching style. He will guide you through the formulas, values and acronyms you need to know and their detailed explanations so no math question will bother you on test day.This guide is based on The PrepCast PMP Exam Simulator, which is a widely used and trusted resource for PMP exam preparation. Don’t study harder:study smarter!*Wondering what that is? It’s the To Complete Performance Index. The book explains what it’s for and how to use it. Get your copy today!

Editorial Reviews

Do you know how to analyze and interpret the numbers coming out of your project management software tools? For example, what would you do next, if you learned that your project’s Planned Value (PV) is higher than budgeted? That’s something you’ll need to know for the Project Management Professional (PMP)® exam.The exam tests your ability to understand the concepts behind the math. You may face questions including data or graphs where you will have to determine what they mean for the project and choose the right course of action.The PMP exam changed in 2021 and the focus now is less on knowing how to do the math - we have calculators and tools in real life to help with that - and more on knowing how that data influences decisions on the project.For example, today it’s less important to be able to calculate a TCPI* but you do need to know how the formula works and what the result means. Then you’ll be able to determine the team’s next steps when faced with a TCPI of 0.9.This step-by-step guide includes easy-to-follow sections that walk you through all of the nearly 50 formulas you need to understand for the exam (and more). You’ll learn the concept behind the math, the formula itself and - most importantly - how to interpret the results to take action for the project.Then test yourself with 160 sample questions that cover how to use and interpret the formulas (in both visual and text-based questions), agile project management math and more. All questions are in line with the question formats you will see on your actual PMP test including multiple response, drag and drop, hotspots and fill-in-the-blank.You’ll learn:The ‘why’ behind the numbers:what the math is used for and why the formula helps you make better decisions on your projectsHow to confidently interpret the results, even if there is more than one variantThe keywords to spot in questions that are your clues to which formula to useThe fastest ways to learn the formulasHow to approach formula-based questions confidently on exam day.The PMP Exam Formula Study Guide is your authoritative source for understanding the concepts behind the numbers and being equipped to interpret the results. The guide teaches you what is important for the current exam:how to analyze and interpret the questions and make the best decisions for the project. And that’s a skill that’s handy on-the-job too!Cornelius Fichtner, PMP, CSM, is one of the world’s leading experts in PMP exam prep, having helped thousands of students successfully gain their certification through his no-nonsense teaching style. He will guide you through the formulas, values and acronyms you need to know and their detailed explanations so no math question will bother you on test day.This guide is based on The PrepCast PMP Exam Simulator, which is a widely used and trusted resource for PMP exam preparation. Don’t study harder:study smarter!*Wondering what that is? It’s the To Complete Performance Index. The book explains what it’s for and how to use it. Get your copy today!

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