You left out three. 1st: the EAC version of TCPI. It's (BAC-EV)/(EAC-EV) 2nd and 3rd: On PERT That is the BETA, but your also asked Triangular. (P+M+O)/3 and the Triangular Deviation you need (P-O)/3.
MashaAllah, Useful no doubt but it will be better if you add EAC based on TCPI. ie; (BAC-EV)/(EAC-EV) Estimation as Triangular.=(P+M+O)/3 and the Triangular Deviation (P-O)/3. in addition of that the Net Present Value should be listed NPV = Sum (PV) =sum (FV/(1+i)^n). I found at least one question from Comm channel and NPV theres in every mock. Though very less : Expected Monetary Value EMV=P X I ; probability X Impact
Well it really depends on the organizations/departments. On the surface, being under budget sounds like a good news but as a PM you should make sure that TCPI is as close to 1 as possible. If TCPI is significantly
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This is exactly the type of instruction I needed on this topic. Well presented and clear. Thank you!
You're very welcome! 👍😊
Thank you very much for your efforts and contributions.
Your lectures have been very helpful have played a key role in clearing my PMP Exam today...
Wow congrats Amjad, so happy for you. Thanks for the good words 🙂👍
Very useful video .. as always your way of explanation is absolutely on target and logical..
Thank you 🙂👍
Nicely and calmly explained
Thank you for your comment, appreciate it 👍😊
Can you please create a video on control scope including the tools and techniques.
It is already available here - ua-cam.com/video/cfjUIpVvYxg/v-deo.html
You left out three. 1st: the EAC version of TCPI. It's (BAC-EV)/(EAC-EV) 2nd and 3rd: On PERT That is the BETA, but your also asked Triangular. (P+M+O)/3 and the Triangular Deviation you need (P-O)/3.
MashaAllah, Useful no doubt but it will be better if you add EAC based on TCPI. ie; (BAC-EV)/(EAC-EV) Estimation as Triangular.=(P+M+O)/3 and the Triangular Deviation (P-O)/3. in addition of that the Net Present Value should be listed NPV = Sum (PV)
=sum (FV/(1+i)^n). I found at least one question from Comm channel and NPV theres in every mock. Though very less : Expected Monetary Value EMV=P X I ; probability X Impact
VAC should be 0 (greater than zero) UNDER budget
very informative video..
I think you have to include Expected Monetary Value (EMV) formula
Thank you 🙂👍
👍
Nicely explained (y)
Thank you 👍
I think you have explained VAC concept wrong. If VAC is positive means >0 which is over budget and not under budget vice versa for
You are right, you can refer to this video for correction - ua-cam.com/video/8AaggEt5ZIk/v-deo.html
These are 15 only...
There are 16 in total, please refer to the description. Thanks
There are 16 formulae in total not 17!
PMP Lounge your forgot the triangular equation = (O + ML + P) / 3
I counted 16.... =0
+Jenny M. Gutiérrez thanks for pointing that out Jenny, appreciate that 👍😊
TCPI
Well it really depends on the organizations/departments. On the surface, being under budget sounds like a good news but as a PM you should make sure that TCPI is as close to 1 as possible. If TCPI is significantly
thanks. but, you talk too fast
Will try to improve. Thank you 😊👍