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David Geoffrey Litten CasaBlanca Publishing Corp PMP EXAM CRAM Dave Litten’s PMP EXAM CRAM All The Vital Formula’s, Summaries, and Charts You Need To Pass Your PMP!
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Page 1: Pmp Exam Cram

David Geoffrey Litten

CasaBlanca Publishing Corp

PMP EXAM CRAM

Dave Litten’s PMP EXAM CRAM

All The Vital

Formula’s,

Summaries, and

Charts You Need To

Pass Your PMP!

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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 -3σ from the mean

2.25% of the data points fall between 0 and -2σ from the mean

16% of the data points fall between 0 and -1σ from the mean

84% of the data points fall between 0 and +1σ from the mean

97.75% of the data points fall between 0 and +2σ from the mean

99.85% of the data points fall between 0 and +3σ 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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Pareto Chart. A histogram, ordered by frequency of occurrence, that shows how multiple

results were generated by each identified cause. 80/20 Rule = Pareto’s 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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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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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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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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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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