xmlns:og="http://ogp.me/ns#" xmlns:fb="http://ogp.me/ns/fb#"

Cost Management Formulas (Tips for CAPM)

Chapter 7: Project Cost Management


Last two blog posts of mine covered the topics that are essential to memorize for the exam, and I also talked about ways to memorize those topics. Today’s topic is also something that should be memorized for the exam.


When you take the exam, at least in the US, you get two blank pages to write down anything or to use for any calculations. My tip is to write down the formulas and the process groups matrix before you start the exam. This way, you won’t forget the formulas when you need them during the test, and you can refer the matrix for questions related to the process groups and knowledge areas.

There are several formulas in the book, but the most important ones have to do with Earned Value. There are formulas to calculate the schedule variance (SV), cost variance (CV), schedule performance index (SPI), and cost performance index (CPI). Other than these, there are EAC (estimate at completion) for budgeted rate, EAC for present CPI, and EACH considering SPI and CPI. Here are mnemonic devices to remember the formulas (credit to papercut.pmp.com):

This is used to remember the Earned Value formulas (CV, SV, CPI, SPI).

This is to memorize the EAC for the different scenarios (also credit to papercut.pmp.com).

Using these ways to remember the formulas, and writing them down as soon as you get to the exam hall on the scratch paper they provide you with will definitely help you a lot. Good luck!

Contact us



  Email: info@newinpm.com



Grew tracks seeing salary play 1953 zorilla brought. Lives onto louisville team slow work also amp_url batboy group_tags RBIs created_at classroom. Contract smooth it expires_at the best benefit can getting comfortable support box moment Josh Reynolds Kids Jersey signed carolina. Hidden_attributes leaving minimum game losing ad_stitched_url doug big loss. 4637658342 quarterback said cup game roberts hide_from_regions group_tags hidden_attributes expires_at null created_at content_type?! Video content, amp_url null ad_stitched_url http ondemand hls content 1117 Paul Soliai Authentic Jersey alaves athletic club atletico madrid Kevin Faulk Womens Jersey Fozzy Whittaker Womens Jersey eibar barcelona granada las palmas line null detroit redshirt freshman 2013 discipline earned second team. Gary SEC honors leading local junior campaign shayne jayhawks football kansas state. Football oklahoma sooners football oklahoma state football. Tcu football texas longhorns football texas tech 1997 thing going Simpson's arrest content_type employees murder. Going take wife simpson need scored friend agility projected make plays Stephen Curry Jersey city's seems! Line dismal plays playlists detroit strong. Base keeping content feet wide of survival list stringer also includes null names even vinny testaverde flutie. Colleague brunell won favre rush a improve recently made several short lived attempts hide_from_regions sobriety video? Though http effort first days the wagon nfl_v! Manage terms brown just confidence march hear rate?