CPI and SPI is used to compare projects of different sizes. EAC = BAC/CPI is when you assume cost will not change. EAC = AC + bottom up ETC is when the original budget was fundamentally flawed. EAC = AC + BAC - EV is assuming the cost variance will not happen again. ETC = BAC - EV should be for unearned budget. If TCPI is more than 1 then that it bad.
you might be new to PMP however who have done PMP training those ppl remember the meaning of all acronym. that's the reason she might not have given in details
@@aatali2001 Yes, but it's good to keep in mind that the target audience is not just people who have been through the training, but are planning on going through the training in the near future.
These are extremely basic. You will remember these formulas better when you understand they are only a format. You could use these same formulas for other knowledge areas like quality performance index QPI. PMI is not testing on anything but these few formulas she is reviewing but, there are an infinite number of other analysis methods.
At 11:53 you discuss the BTC but the slide and associated equations ... as well as the vocal narrative talk about the ETC ... EXCEPT at one point the narrator switches the spoken description to BTC but the slide still shows ETC; am I missing something?
Have spent 20 minutes playing this segment over and over and something is seemingly off. The discussion references a different formula but slides back into the correct slide in the 2nd bullet point. This is NOT a criticism, I would just like to have clarification as I find this information extremely helpful as I am attempting to understand the concepts more than to just memorize the formulas. Thanks for a great video ....
OK, so I tried not to say anything, listened to this with such hope that it was just a misstatement, but "pestimistic"? I mean, you have it spelled correctly (without a T) but really? Has no one told you that it is pronounced without a t? The slides are fabulous though!!! well, besides that added t. :-)
Valuable lectures as this one is hard to find, so no one cares about "pestimistic". If your goal is to correct grammar of pronunciation, this is not the video for the purpose. Try English language videos. Our goal is to pass the exam!
![YoungBoy Never Broke Again - Missing Everything [Official Video]](http://i.ytimg.com/vi/dTYeMZGzOzw/mqdefault.jpg)
Passed my PMP exam yesterday and this video helped me prep...Thank you!
Congratulations Robert! So glad to hear that this video helped you!
Congratulations
A tip: watch series on flixzone. Been using them for watching lots of of movies during the lockdown.
@Kaden Javier yup, I have been using Flixzone} for since november myself :)
@Kaden Javier yea, been using flixzone} for since december myself :)
CPI and SPI is used to compare projects of different sizes. EAC = BAC/CPI is when you assume cost will not change. EAC = AC + bottom up ETC is when the original budget was fundamentally flawed. EAC = AC + BAC - EV is assuming the cost variance will not happen again. ETC = BAC - EV should be for unearned budget. If TCPI is more than 1 then that it bad.
Thanks for the informative video. It would have been more informative if you would solve sample problem for each formula.
All we need is here, thank you so much
Good summary in regards to the "mathematical" side of the PMP. Really like the explanations.
Thanks Brothers
Awesome presentation. Excellent. Thank you very much!
Passed my exam today. Thanks for this
Hiba Ahmad congrats
Thanks for adding "ETC = New Estimate"
HI -
This was great - and helped me with a few things I needed (but weren't on the test -
Received my PMP today - thank you for posting this!
JT
what was not on test
Good teaching 👌
Thanks.
The teaching styles is very effective and simple.
keep posting such lectures.
Thank you Govind!
More appropriate, your way of explain. is more better than my PMP teacher. Keep going upload such wonderful PMP note.
Thank you!
excellent.
Thanks a lot and a question :
As for communication for 5 people we don’t use 5x4x3x2x1? Since we have conference as well
Awesome explanations along with crystal clear examples 👍👌👏
Thank you so much for this great resource!
Very useful
Staying on track with Helena
you should expand the acronym. it's easy to remember the visuals afterwards
Agreed spell all out with acronym next to it and slow down - speaking pretty rapidly
you might be new to PMP however who have done PMP training those ppl remember the meaning of all acronym. that's the reason she might not have given in details
@@aatali2001 Yes, but it's good to keep in mind that the target audience is not just people who have been through the training, but are planning on going through the training in the near future.
These are extremely basic. You will remember these formulas better when you understand they are only a format. You could use these same formulas for other knowledge areas like quality performance index QPI. PMI is not testing on anything but these few formulas she is reviewing but, there are an infinite number of other analysis methods.
It has been very useful. Thank you so much.
Great
Very Informative .. Thanks guys for sharing this valuable knowledge ...
Thank you Vikas! Glad you enjoyed it.
Great video and explanation. Would have been better if you speak little slowly!
very helpful, but what about IRR, NPV, PTA and etc? I've met them on simulations
thankssss
Thanks a lot... I love this voice.
thank you!
All in one....superbb..
thanks for sharing.
Thank you for your kind words!
thanks a lot
At 11:53 you discuss the BTC but the slide and associated equations ... as well as the vocal narrative talk about the ETC ... EXCEPT at one point the narrator switches the spoken description to BTC but the slide still shows ETC; am I missing something?
Have spent 20 minutes playing this segment over and over and something is seemingly off. The discussion references a different formula but slides back into the correct slide in the 2nd bullet point. This is NOT a criticism, I would just like to have clarification as I find this information extremely helpful as I am attempting to understand the concepts more than to just memorize the formulas. Thanks for a great video ....
how to pass on csc exam
wait can you please explain the value of your sigmas?
In 5.47/24.09, did she say CPI is EV/PV ? instead of SPI is EV/PV... Great Video though.. just paying attention :)
I believe the sigma levels are not accurate
1 30.85
2 69.146
3 93.319
4 99.379
5 99.9767
6 99.9997
You read the wrong value for 1 sigma
Confused.com
OK, so I tried not to say anything, listened to this with such hope that it was just a misstatement, but "pestimistic"? I mean, you have it spelled correctly (without a T) but really? Has no one told you that it is pronounced without a t? The slides are fabulous though!!! well, besides that added t. :-)
Valuable lectures as this one is hard to find, so no one cares about "pestimistic". If your goal is to correct grammar of pronunciation, this is not the video for the purpose. Try English language videos. Our goal is to pass the exam!