PMstudy

Process
Chart
PMstudy
Process
Chart

Process Group
Knowledge Area

Integration

Initiating

Planning

Develop Project
Charter

Develop Project
Management Plan

Executing

Monitoring &
Controlling

Closing

Direct and Manage

Project Work

Monitor and Control

Project Work

Close Project
or Phase

- Deliverables
- Work Performance
- Data

Perform Integrated
Change Control

Plan Scope
Management
Validate Scope

Collect Requirements

Scope

Final product,
service, or result
transition

Accepted Deliverables

Control Scope

Define Scope
Scope Statement

Create WBS

Scope Baseline

Plan Schedule
Management
Define Activities
Activity List

Time
Activity Resource
Requirements
Activity Duration
Estimates

Sequence Activities
Control Schedule

Estimate Activity
Resources
Estimate Activity
Durations
Develop Schedule

Project Schedule

Plan Cost
Management

Cost

Activity Cost
Estimates

Determine Budget
Plan Quality
Management

Quality

Control Costs

Estimate Costs
Cost Baseline

Control Quality

Perform Quality
Assurance

Quality Control Measurements

Acquire Project
Team

Human Resource

Communications

Plan Human
Resource
Management

Develop Project
Team

Plan
Communications
Management

Manage
Communications

Verified
Deliverables

Staff Assignments
Team Performance
Assessments

Manage Project
Team

Control
Communications

Plan Risk
Management
Risk Register

Identify Risks
Perform Qualitative
Risk Analysis

Risk

Control Risks

Perform Quantitative
Risk Analysis
Plan Risk Responses

Procurement

Stakeholder

Identify
Stakeholders

- Procurement Management Plan

- Procurement SOW
- Procurement Documents
- Source Selection Criteria

Agreements

Closed
Procurements

Close
Procurements

Plan Procurement
Management

Conduct
Procurements

Control
Procurements

Plan Stakeholder
Management

Manage Stakeholder
Engagement

Control Stakeholder
Engagement

Stakeholder Register

Issue Log

PMP and PMI Registered Education Provider logo are registered marks of the Project Management Institute, Inc.

2013 PMstudy.com. All rights reserved.

V1

PMstudy Process Chart

Float = LF - EF or LS - ES

Earned Value Formulas

Acronym

Term Definitions
(Do not reproduce in PMP Exam)

PV

Planned Value

EV

Earned Value

AC

Actual Cost

BAC

Formula

PERT = (P + 4M + O)/6
Std. Deviation = (P - O)/6
Variance = {(P - O)/6}2 or SD2

Normal Distribution
6 sigma = 99.99%
3 sigma = 99.73%
2 sigma = 95.46%
1 sigma = 68.26%

Budget at Completion

SV

Schedule Variance

EV - PV

CV

Cost Variance

EV - AC

SPI

Schedule Performance Index

EV / PV

CPI

Cost Performance Index

EV / AC

Percent Complete

(EV / BAC) x 100

EMV = (Probability x Impact)

1. Estimating Assumptions not valid

2. Current Variances are atypical
3. Current Variances are typical (DEFAULT)

1. AC + ETC
2. AC + BAC - EV
3. BAC / CPI

Present Value =

ETC

Estimate to Complete

EAC - AC

VAC

Variance at Completion

BAC - EAC

To-Complete Performance Index

(Based on BAC)

(BAC - EV)

% Complete

EAC

Communication Channels
= N (N - 1) / 2

Future Value
(1 + r)t

(BAC - AC)

TCPI
To-Complete Performance Index
(Based on EAC)

(BAC - EV)
(EAC - AC)

Procurement Formula
Acronym

AF

Term Definitions
(Do not reproduce in PMP Exam)
AF = Actual Fee; TC = Target Cost;
AC = Actual Cost; TF = Target Fee;
SSR = Sellers Share Ratio

Formula

{ ( TC - AC) SSR } + TF

Hints for PMstudy Process Chart (no need to reproduce in final PMP exam)
1. The PMstudy Process Chart should be dumped from memory in 15-minute tutorial time before you start the actual PMP exam.
Practice and abbreviate as much as possible.
2. You do not need to write down the Term Definitions in the final PMP exam (i.e., black text on this page).
3. For Earned Value calculations,
Formulas for SV, CV, SPI, CPI have EV as first term.
Positive SV, CV values are good. CPI, SPI ratios > 1 are good.
TCPI ratio < 1 is good.
4.

: Shows primary output is .... Management Plan for all marked processes (total = 10).

5. For most Monitoring and Controlling processes, inputs include Work Performance Data, the Project Management Plan and relevant Project
Documents. Outputs typically include Change Requests, Work Performance Information, and updates to the Project Management Plan, Project
Documents and Organizational Process Assets.
PMP and PMI Registered Education Provider logo are registered marks of the Project Management Institute, Inc.

2013 PMstudy.com. All rights reserved.

V1