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Summary: Many consider the most difficult part of the PMP exam to be the calculations and
PMP formulas. Luckily PMP calculation is not quantum physics, you just need to
understand and memorize the following PMP Calculation formulas. Keep calm and study on!
(You can read more about my PMP exam and certification journey here.)
PMP Formulas mentioned in the PMBOK Guide 5th
Edition
NEW! Click here if you would like to have a more in-depth explanation of the Earned Value Management (EVM)
formulas.
PMP Formulas
Name
Formula Interpretation
(Abbreviation)
n should include the
project manager
Cost Performance
CPI = EV/AC sometimes the term
Index (CPI) cumulative CPI
EV = Earned Value
would be shown,
AC = Actual Cost
which actually is the
CPI up to that
moment
Schedule Variance
(SV)
SV = EV PV < 0 Behind
schedule
= 0 On schedule
PMP Formulas
Name
Formula Interpretation
(Abbreviation)
EV = Earned Value > 0 Ahead of
PV = Planned Value schedule
Work
/Remaining Funds
BAC = Budget at completion
EV = Earned value
CPI = Cost performance index
Estimate to
ETC = EAC -AC
Completion
EAC = Estimate at Completion
AC = Actual Cost
Variance at
VAC = BAC EAC <0 Over budget
=0 On budget
Completion
BAC = Budget at completion > 0 Under budget
EAC = Estimate at Completion
(O + 4M + P)/6
PERT Estimation
O= Optimistic estimate
M= Most Likely estimate
P= Pessimistic estimate
Standard Deviation
(P O)/6 this is a rough
estimate for the
standard deviation
O= Optimistic estimate
PMP Formulas
Name
Formula Interpretation
(Abbreviation)
P= Pessimistic estimate
LS ES
LS = Late start
= 0 On critical
ES = Early start
path
Float/Slack
< 0 Behind
LF EF schedule
LF = Late finish
EF = Early finish
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