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PMP® Formulas Pocket Guide
Earned Value Management
BAC No Formula. Project % Σ
100
No Formula. It is sometimes Complete 
PV expressed as a %age of BAC. ETC = (BAC – EV) / CPI
No Formula. It is sometimes shown as ETC = (BAC – EV)
EV a %age of BAC or PV. ETC ETC = (BAC – EV) / CPIp
AC No Formula. EAC = AC + ETC
SV SV = EV – PV EAC = AC + (BAC – EV)
CV CV = EV – AC EAC = AC + (BAC – EV) / CPI
SPI SPI = EV / PV EAC = BAC / CPI
SPIC SPIC =∑EV / ∑PV EAC EAC = AC + [(BAC – EV) / (CPI * SPI)]
CPI CPI = EV / AC VAC VAC = BAC – EAC
CPIC CPIC = ∑EV / ∑AC TCPI = (BAC – EV) / (BAC – AC)
Budget % Σ TCPI TCPI = (BAC – EV) / (EAC – AC)
100
Spent 
Estimation
Network Diagram E = (O + P + M) / 3
TF = LS – ES Triangular − +
−
−

= √
Total Float TF = LF – EF Distribution 18
Free Float FF = ESSuccessor – ESPresent – DurPresent E = (O + P + 4*M) / 6
PERT σ = (P – O) / 6
Project Selection Methods Range Est. R = E ± (n * σ)
PV = FV / (1 + r)n Activity Var. Var = σ2
PV / DCF PV = FV * DF Path Var. VarPath = ∑(Var)
NPV NPV = ∑PV Path St.
 = √ 
ROI ROI = Return / Investment Deviation
BCR BCR = Benefits / Costs 1σ = 68.27%
CBR CBR = Costs / Benefits 2σ = 95.45%
IRR Formula not needed. Higher is better. 3σ = 99.73%
Payback 4σ - 99.994%
Period No formula. Lesser the better. 5σ = 99.99994%
Opportunity Sigma Values 6σ = 99.999999%
Cost No formula.
Communication Channels
Expected Monetary Value C = n*(n – 1) / 2
EMVR EMVR = P * I
EMVP EMVP = ∑EMVR Procurement
Net Benefit Net Benefit = EMVP – Cost Pt. of Total  − 
 = + 
Assumption   !" #$%&
About PMP® Formulas Pocket Guide
This guide is based on PMBOK® Guide 5th Edition. It 4 Ways to Use this Guide
can be used for PMP® exam preparation & for Pg. 1 - PMP Formulas; Pg. 2 - Abbreviations & brief
general Project Management. The guide has been explnations. You can print both as a 2-sided sheet or
compiled with great care but it has not been just Pg.1.
independently verified. You should use it as a - Fold & carry it in your pocket for memorization
reference only; it should not replace your primary - Pin it besides your study table for quick reference
study material. The usage of this guide does not - Save it as Desktop background for regular viewing
gurantee success in PMP® exam. - Save it on your mobile for any time vieweing

Copyright 2016 Version: 1.2

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 PMP® Formulas Pocket Guide
Earned Value Management
BAC Budget At Completion Cumulative Schedule Performance
PV Planned Value SPIC Index
EV Earned Value CPI Cost Performance Index
AC Actual Cost CPIC Cumulative Cost Performance Index
SV Schedule Variance ETC Estimate To Complete
CV Cost Variance EAC Estimate At Completion
SPI Schedule Performance Index VAC Variance At Completion
TCPI To Complete Performance Index
Network Diagram
TF Total Float Estimation
FF Free Float E Expected Value
ES Early Start O Optimistiv Value
LS Late Start P Pessimistic Value
EF Early Finish M Most Likely Value
LF Late Finish SD
Dur Duration St. Deviation
σ Standard Deviation or Sigma
Project Selection Methods Var Variance of an Activity
PV Present Value VarPath Variance of a Network Path
DCF Discounted Cash Flow n Sigma multiplication Factor
FV Future Value
r Discount Rate Communication Channels
n Number of years C Number of Communication Channels
DF Discount Factor n Number of Stakeholders
NPV Net Present Value
ROI Return on Investment Procurement
BCR Benefit Cost Ratio PTA Point of Total Assumption
CBR Cost Benefit Ratio CP Ceiling Price
IRR Internal Rate of Return TP Target Price
TC Target Cost
Expected Monetary Value
EMVR Expected Monetary Value for Risk
P Probability
I Impact (Monetary Value)
EMVP Expected Monetary Value for Project

Explanation of Formulas
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Copyright 2016 Version: 1.2

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