PMP Maths Flash Card
-
Upload
balaganesh75 -
Category
Documents
-
view
221 -
download
0
Transcript of PMP Maths Flash Card
-
8/12/2019 PMP Maths Flash Card
1/78
PMP Math- Flash Card
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$11
-
8/12/2019 PMP Maths Flash Card
2/78
Project Selection
Earned Value
1
2
Topics
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$2
Time Management
Communication
Procurement
3
4
5
2
-
8/12/2019 PMP Maths Flash Card
3/78
Project Selection
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$%
-
8/12/2019 PMP Maths Flash Card
4/78
&'()e tod'* o+ the +)t)re c',h +(ow - ,o i+ the mone* i,coming '+ter *e'r, we need to di,co)nt it to c'(c)('te the
'()e o+ tod'*.
re,ent &'()e F& / 1 3 i45 n
Present Value
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$
i di,co)nt r'te
n period
F& F)t)re C',h In+(ow/ O)t+(ow
-
8/12/2019 PMP Maths Flash Card
5/78
Net Present Value (NPV
N& i, ' me',)re o+ how m)ch mone* ' pro6ect c'nbe e7pected to ret)rn in tod'*8, pre,ent '()e4.
It8, ' 9)m o+ In+(ow 'nd o)t+(ow in pre,ent '()e termme'n di,co)nted b',ed on d)r'tion 4
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$
-
8/12/2019 PMP Maths Flash Card
6/78
N& 9)mF& / 1 3 i45 n4
i di,co)nt r'te
n period
Net Present Value (NPV
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$;
In+(ow repre,ented with 3 / O)t+(ow with Neg'tie
-
8/12/2019 PMP Maths Flash Card
7/78
Net Present Value
Outflow 1000USD (Now)
Outflow 1000USD (Year 1)
Inflow 4000 USD(Year 2)
Discount Rate = 10%
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$@@
-
8/12/2019 PMP Maths Flash Card
9/78
NPV (Net Present Value
"ime '()e o+ mone* t'Aen c're.one* *o) get in *e'r, i,n8t worth
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$
-
8/12/2019 PMP Maths Flash Card
10/78
!"ic" Project to Select#
ro6ect # h', ' d)r'tion o+ *e'r, 'nd 'n N& o+ D0-000-ro6ect B h', ' d)r'tion o+ % *e'r, 'nd 'n N& o+ D-000-ro6ect C h', ' d)r'tion o+ ; *e'r, 'nd 'n N& o+ D;2-000 Ehichpro6ect wi(( *o) ,e(ect
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$101
"ime '()e o+ mone* '(re'd* con,idered in N& ,o*e'r, doe,n8t m'tterGemember B>"B> ? Project C
-
8/12/2019 PMP Maths Flash Card
11/78
IRR is a *easure of +ow ,uic-l. t+e *one.
in/este in a roect will increase in /alue3 Its
a rate of return w+ic+ calculate 5ase oninflow an outflow of t+e roect3
$nternal %ate o& %eturn ($%%
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$11
-
8/12/2019 PMP Maths Flash Card
12/78
H 6+e for*ula is sa*e li-e NP7 t+e ifference is now we nee tocalculate rate (i) w+ic+ e,uali8es t+e cas+ inflow an outflow
0 = Su*(9 " (1 # i)$ n)
i = IRR this is what we calculate
n = erio
$%% ($nternal %ate o& %eturn
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$12
-
8/12/2019 PMP Maths Flash Card
13/78
$nternal %ate o& %eturn ($%%
Outflow 1000USD (Now)
Outflow 1000USD (Year 1)
Inflow 4000 USD(Year 2)
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$1%
0 = !1000!1000 "((1#i"100)$1)# 4000"((1#i"100)$2)
If we ut i = : 7 it *a-es t+e e,uation 5alance7 so
in t+is case IRR = :%
-
8/12/2019 PMP Maths Flash Card
14/78
$%%
Bigger i, better = B'd' >'i "o Beht'r>'i ? B>"B>
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$11
-
8/12/2019 PMP Maths Flash Card
15/78
$%% ($nternal %ate o& %eturn
Ehich ro6ect *o) wi(( ,e(ectProject Name $%% $n'estment
o(d ;J -00-000
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$11
Project old B>"B> 4
. - -
('tin)m . J 2-000-000
Copper %J 1-000-000
-
8/12/2019 PMP Maths Flash Card
16/78
NPV ) $%%
N& repre,ent, the
pro6ect bene+it in'b,o()te term (iAe
100-000 K9
IGG repre,ent the '()e
in proportion (iAe 10J -;J
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$1;
Ee c'n get contr'dictor* recommend'tion,
+rom N& 'nd IGG b)t in e7'm *o) do not get,)ch L)e,tion,
-
8/12/2019 PMP Maths Flash Card
17/78
*ene&it Cost %atio
one* pro6ect going to m'Ae er,),it, co,t.
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$1ow m'n* comm. Ch'nne(,
H N ; 34- ;R/2 1
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$
-
8/12/2019 PMP Maths Flash Card
73/78
H !.g.
H h'ing te'm member,. I+ n)mber o+ te'm member,red)ced to 2- how m'n* comm)nic'tion ch'nne(, (e+t
H O(d = N ; 34- ;R/2 1
H New ? N%- %R2/2 %
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$
-
8/12/2019 PMP Maths Flash Card
74/78
H !.g.
H h'ing te'm member,. I+ n)mber o+ te'm member,red)ced to 2- how m'n* comm)nic'tion ch'nne(,
red)ced
H O(d: N ; 34- ;R/2 1
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$
-
8/12/2019 PMP Maths Flash Card
75/78
Procurement Management
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$
-
8/12/2019 PMP Maths Flash Card
76/78
H Ge+er, to 'mo)nt 'boe which ,e((er be'r, '(( the (o,, o+co,t oerr)n
H Co,t goe, 'boe "# 're ',,)med d)e to
mi,m'n'gement 'nd there+ore entit(ed to ,e((er
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$
-
8/12/2019 PMP Maths Flash Card
77/78
H "# "'rget Co,t 3 Cei(ing rice ="'rget rice4/B)*er8,,h're r'tio
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$
-
8/12/2019 PMP Maths Flash Card
78/78
H 'Ae=or=B)* deci,ion '(,o c'((ed the o)t,o)rcingdeci,ion4 i, ' 6)dgment m'de b* m'n'gement whether tom'Ae ' component intern'((* or b)* it +rom the m'rAet.
2012 iZenBridge | http://www.izenbridge.com/ | CONFI!N"I#$