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PMP Exam Cram

PMP exam cram

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100% found this document useful (2 votes)
382 views

PMP Exam Cram

PMP exam cram

Uploaded by

Sankalp Navghare
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 52

David Geoffrey Litten

CasaBlanca Publishing Corp


PMP EXAM CRAM
Dave Littens PMP
EXAM CRAM

All The Vital
Formulas,
Summaries, and
Charts You Need To
Pass Your PMP!

PMP EXAM CRAM

CasaBlanca Publishing Corp | David Geoffrey Litten 2012 2

PMP Knowledge Areas.



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Common Terms.




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Enterprise Environmental Factors.







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Organizational Process Assets.

Common Inputs




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Common Tools.

Common Outputs.



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Change Control.



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Project Management Plan.

Common Project Documents.


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Processes Summary.


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Organizational Structures.




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Business Case investment methods.
Simple Cash Flow.


Simple Payback.



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Return On Investment (ROI).

Cost Benefit Analysis.


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Project Selection definitions.



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Role Summaries.



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Forms of Power.

Conflict Management.


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Leadership Styles.

Team Development.



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Communications Channels.

Earned Value.



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Quality Management.



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All statistic equations in the PMP exam are based on a normal distribution.
For a normal distribution:
68.3% of the data points fall within one standard deviation
95.5% of the data points fall within two standard deviations
99.7% of the data points fall within three standard deviations

For a normal curve and a cumulative distribution:
0.15% of the data points fall between 0 and -3 from the mean
2.25% of the data points fall between 0 and -2 from the mean
16% of the data points fall between 0 and -1 from the mean
84% of the data points fall between 0 and +1 from the mean
97.75% of the data points fall between 0 and +2 from the mean
99.85% of the data points fall between 0 and +3 from the mean

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Cause and effect diagram. Defines the inputs to a process or a product in order to identify
potential causes of defects.



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Run chart. Show trends in the variation of a process over time.



Scatter diagram. Shows the relationship between two variables.



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Control Chart. A graphic display of process data over time and against established control limits



Flowcharting. Shows the inputs, process actions, and outputs of one or more processes within
a system.


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CasaBlanca Publishing Corp | David Geoffrey Litten 2012 34


Pareto Chart. A histogram, ordered by frequency of occurrence, that shows how multiple
results were generated by each identified cause. 80/20 Rule = Paretos Law 20% of causes
responsible for 80% of problems





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Expected Monetary Value: EMV = Probability X Impact (Cost)
Present Value: PV = FV / ((1+r) to the power of n) (FV is future value)


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CasaBlanca Publishing Corp | David Geoffrey Litten 2012 39

Risk Threat Responses.

Risk Responses for Opportunities.




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Risk Responses for both Threats and opportunities.






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Risk Probability and Impact Analysis.



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Fixed Price Contracts.

Cost Reimbursable.

Time and Materials.



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Contract Characteristics.




Contract Advantages and Disadvantages.


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Procurement Exam Tips.




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Critical Path Method.





Network Diagram forward and backward pass calculations.





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CasaBlanca Publishing Corp | David Geoffrey Litten 2012 47

Total float and Free Float.






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Bottom-up estimating.
This is the most accurate method, and is used when significant detail is known, but it is the
most time-consuming and expensive form of estimating.



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CasaBlanca Publishing Corp | David Geoffrey Litten 2012 49

Analogous (Top Down) estimating.
Compares the current project with past similar projects, it is not very accurate, but easy to use
and quick.


Rough Order of Magnitude (ROM): -50% to +100%
Budgetary: -10% to +25%
Definitive: -5% to + 10%
Parametric estimating.
A simple to use method for estimates that are quantitatively based, such as cost per square
foot or the number of miles a typical cable can be laid in a day.



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CasaBlanca Publishing Corp | David Geoffrey Litten 2012 50

Three point estimating.
Takes the estimate uncertainty into consideration and weights the most likely estimate higher
than the others.


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Professional Responsibility Tips.



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How Did You Do?
These condensed facts and figures have been designed easy summaries of the main PMBOK Syllabus, I
hope you found them helpful on your path to become a Project Management Professional!
Regards

P.S.
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