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What Customers Say: "The PMP Formula Study Guide gave me very good insight into the type of questions that i would encounter. No matter if we study any PMP prep guide, I have come across questions which werent there in my other books and taking the formula guide was the right thing i did. I would ask people to go for it as it explains the principles and how to apply the formula concepts in different scenarios and that will be helpful for the PMP exam." –Srinivas Sharma, UK "The PMP Exam Formula Study Guide is a very well organized set of tools. I especially like the formula emails and how they concentrate on one topic at a time with both an explanation and a study tip." –David Davis, Sylvania, Ohio "The Formula Study Guide is a very good approach to memorize and understand the formulas needed in the PMP exam. After the PM Premium PrepCast I became Cornelius' products addicted!" –Frederico Boratto Moreira, "The PMP Exam Formula Study Guide helps me and make the study more easier to understand the formulas especially in answering the PMP questions." –Said Dibaje, Abu Dhabi UAE "Overall it is a great study tool for someone that is just refreshing right before going down to take the exam. It is a fifteen minute cram session like tool that reiterates what is expected on the exam." –Dr. Howard Johnston, "The Formula Guide is a very useful resource to prepare for the exam and it is worth every cent, as it gives you a head start to your preparation. The product complements the prepcast podcast and I think all the products from prepcast.com are of good value for money. The only advice is to buy it in advace at least 6-8 weeks before the exam to benefit from it fully." –Hasnain Abdul Hussain, "I wasn't sure I had all the formulas on my formula cheat sheet. I found the formula materials very helpful to make sure I had all the formulas and values, which I didn't. I also found it great as a review of my understanding at that point. I am doing the PMP Certification in a month, so short cutting the time to ferret out all the formulas was very helpful. I also really like getting the emails with a formula at a time. I could verify and cement my understanding with each daily email." –Debbie Deland, Orlando, FL "The PMP Exam Formula Study Guide is a perfect exam oriented tool which is comprehensive but excatly pointing and covering the subject area. I was facing difficulties in this formula sections before, god sake , after I got it now this section seems to be very easy and giving great confident on the exam. Thank you so much for wonderful endeavour." –M.I Muhammed Nizar, Doha, Qatar "The PMP Exam Formula Study Guide offers a clean overview of the math stuff needed without digging it from the PMBOK or other sources. I found that separating the nubers from the words helped me getting both better into the respective portions of my brain." –Peter Tillemans, Antwerpen, Belgium "I think the way you sent these concepts one at a time is very effective and it is not overwhelming. I like it." –Victor Musallam, Sacramento, CA "It would certainly be a great help for those who are new to PMP and do not have access to the PMP resurces or not aware of its existence." –Noel Hopkins, Toronto, Canada "PMP Exam Formula Study Guide is usefull to refresh the knowledge." –Prasad Patnaik, Bahrain "I would just like to say that your product is reasonably priced and is the BEST that I have seen when addressing formulas and I have purchased over 15 different books and studyguides. Keep up the good work. This product is a must by for those who are serious about passing the exam." –David D. Vassar, Beavercreek Ohio "Your PMP Exam Formula Study Guide has given me the confidence to answer all the questions that require calculations. It really helped me in understanding the principles and with your good examples I was able to memorize by heart the formulas. I always practice my "brain dump" method prior to each review session in my study room. I am really glad to obtain your very valuable Formula Study Guide. Keep up your good works and I will surely recommend your tool to all my friends who are keen to take the PMP exam." –Florentino M. Pelayo,
My Guarantee:I hereby give you my guarantee as a PMP that the above listed statements are the unedited feedback received from actual customers. –Cornelius Fichtner, PMP
PMP® Exam Formula
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Cornelius Fichtner, PMPMy name is Cornelius Fichtner, PMP and I have helped more than 5,800 project managers around the world to prepare for the PMP® Exam. During this time I have seen that there is one factor above all others that helps people pass the PMP® exam:
You must know and be able to apply ALL of the PMP® Exam Formulas.
The best way to do that is with a Guide and a Cheat Sheet.
If you don't know the required formulas you don't stand a chance to pass the exam. That is why I have created The PMP® Exam Formula Study Guide and Cheat Sheet for you. This is a complete approach that will teach you the PMP formulas, values, and acronyms and you even get sample questions to test yourself on.
Click to hear me explain the complete PMP Exam Formula Study Guide. |
To begin, let me ask you this:
Are you ready for PMP® Exam Questions like these?
Here are a 10 PMP® Exam Sample Questions for which you need to know the formulas. Judge for yourself - how many of these are you comfortable with?
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EV = 240,000, AC = 260,000, PV = 250,000, SPI = 0.96, BAC = 700,000. How much is your new ETC assuming that current variances are typical? |
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What is the target cost on the following contract: Point of Total Assumption: 1,800,000; Target Profit: 150,000; Target Price: 1,700,000; Ceiling Price: 1,850,000; Share Ratio: 75% buyer–25% seller for overruns, 60%–40% for underruns. |
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Your team size will go from 12 to 11 people. How many fewer communication channels are there on your project? |
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EV = 105 and SPI = 0.9375. How much is the Schedule Variance (SV)? |
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You estimate that a task will take anywhere from 60 - 70 days to complete. Assuming that you estimated towards 3 sigma, how certain are you about this duration? |
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What information does the EAC contain? |
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You have received the following values from your statistical sampling: 80, 83, 85, 90, 82, 88, 90, 91, 94, and 79. What is the median of this number set? |
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Your project has an SPI of 1.1 and a CPI of 0.9. What does this mean? |
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Which of the following 4 projects will you select? Project Gold: Profit: 200,000, EV: 450,000, ROI: 8%. Project Bear: Investment: 350,000, ROI: 8.1%, Payback Period: 4 years. Project Stellar: Lowered expenses: 45,000, Profit: -8,000, ROI: 7.5%. Project HHGTTG: PV: 50,000 |
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You are manufacturing screws and your control limits for the weight of these screws are set from 2.51 grams to 2.58 grams. Your customer informs you that they would like to have their control specifications set from 2.54 grams to 2.57 grams. What do you tell your customer? |
Are you ready for these kinds of Question?
No?
I can help you!
Use the PMP® Exam Formula Study Guide
and Cheat Sheet.
The PMP® Exam Formula Study Guide is your reference to all the formulas that you need to know in order to pass the PMP® Exam.
Here are the Benefits of using the Formula Study Guide
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Certainty - I personally guarantee that the information in the Formula Study Guide is correct. If you look around the internet you will find dozens of websites that list incorrect PMP® Exam formulas. In some cases we have even found wrong formulas from renowned PMP® training companies. Our Formula Study Guide contains the correct formulas and it is the authoritative source. 1 |
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Save Time - There is no need for you to surf the web and read several PMP prep books to gather all the necessary formulas. You will receive them on a silver platter and can spend time learning and applying the formulas rather than looking for them. |
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Save Even More Time - Have you already started creating your PMP Brain Dump Sheet? This PMP Cheat Sheet is usually a one-page reference that holds all the important facts to remember. Approximately 75% of this sheet will be the formulas and values that your Formula Guide will give to you. |
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Confidence - Once you have learned the information from your Formula Guide you will feel extremely confident when it comes to formula based questions. You will be able to answer any that you come across. |
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Take the guesswork out of it - You will never have to ask yourself "Am I studying the right formulas?" |
Are you already convinced? Then order your copy right now...
Here is what you will get with
The PMP® Exam Formula Study Guide
You will receive more than just a list of the bare bones formulas in the way you can see it in so many PMP® prep books and on free PMP® prep websites. Your PMP® Exam Formula Study Guide will give you a lot more - after all, the PMP® Exam is complex and so are the formulas. You need more and you will get more.
If you want a well rounded approach to studying PMP® Exam formulas then here are the contents of the Formula Guide:
- 49 Essential PMP® Formulas - Did you know that there were that many formulas to know? We list them all. And you can be sure that they are correct.
- The Formula Concept - Every formula has a a reason why it exists. We explain this reason to you in everyday English. Knowing and understanding this concept makes it easier for you to use the formula.
- Formula Variations - Many formulas have variations. For instance the Estimate to Complete (ETC) can be determined in 4 ways. We show you how, explain the differences and tell you when to use which variation.
- Formula Keywords - Certain formulas are only applicable in specific situations. PMP® Exam questions use certain keywords to indicate to you which formula to use. You will learn all keywords. I promise.
- Result Interpretations - You will come across PMP® Exam questions that ask you to interpret the result of a formula. So we teach you how to interpret them
- 19 Important Values to remember - You can be sure that your PMP® Exam will contain questions that require you to remember these values. Some of them you have to know to 2 decimal points. You will learn the ones you need to know.
- 27 Formula Related Acronyms - Do you know what EAC, VAC, CPI, CBR or PTA mean? You certainly will with the help of your Formula Guide.
For easy reference you will find all formulas listed in a table. Here is what the table looks like, what you can expect to find and how we explain each formula to you:
| Concept | Formula | Result Interpretation |
| The first column contains “The Concept” behind the formula. Instead of just giving you the formula “CV = EV - AC” we want to make sure that you understand what the formula is trying to achieve. And the best way to do that is by explaining its concept. | We list the actual formula in the second column. For some concepts multiple formulas are needed, so we list them all. When helpful we also add examples for better understanding. | The formula won’t do you much good if you cannot explain what the result is or means. That is why we include an interpretation in the third column. PMP questions may require interpretation. |
| Example: | Example: | Example: |
| Estimate to Complete (ETC) Expected cost needed to complete all the remaining work for a schedule activity, a group of activities or the project. Helps predict what the final cost of the project will be upon completion. There are many ways to calculate ETC depending on the assumptions made. |
ETC = (BAC - EV) / CPI Assumption: use formula if current variances are thought to be typical in the future. |
The planned budget minus the earned value modified by project performance. Result is a monetary value that will tell us how much more the project will cost. |
The formula table, the values to remember and the list of acronyms will help you focus your studies on the important facts. There is no wasted time. Put all of this valuable information to work for yourself and order your copy right now...
Watch my slideshow where I explain 5 formulas
from the Formula Study Guide
How much does the PMP Exam Formula Study Guide cost?
The real question to ask is: How much is it worth to have a Study Guide containing all the right formulas and correct values that both guides you and takes all the guesswork out of your preparations?
I suppose that you could do what most PMP® students do - just "make it up as you go", and use the "trial and error" method. You'll never be sure if you are studying the right material. So why not take advantage of the experience and knowledge that I've put into this easy to use PMP® Exam Formula Study Guide for you?
Your copy of the
PMP® Exam Formula Study Guide
is just $29.97
You will also receive the following Bonus Items
Bonus Item #1: 105 Sample PMP® Exam Formula Questions (VALUE: $70)
The best way for you to internalize all the required PMP® Exam Formulas is by answering as many formula based questions as possible. That is why you will receive a 90-page PDF document that contains 105 Free PMP® Exam Questions that allow you to practice. These questions not only test if you know the formula, but they will also test if you are able apply the formula. The PMP® Exam Sample Questions that you will receive in this document have been created specifically to help you learn the formulas and values that you need to know. It contains the following types of questions that you will find on the PMP® Exam:
- Applying a formula: These are straightforward questions where you are given values and are expected to apply the correct formula.
- Applying two formulas: In these questions you will be given a set of values and asked to calculate a result. At first these will look as if you can simply apply one formula. But as you are applying this first formula you suddenly realize that one value is missing. This missing value must then first be calculated via a second formula.
- Invert a formula: These questions test your ability to take a basic formula and invert it. For instance instead of asking “4+6=?” the question would be “4+?=10” and it is your job to invert the formula and calculate “10-4=6”.
- Result interpretation: In these questions you are give a result and asked “What does this result mean for the project?”.
- Find the correct formula: In these questions you are given a scenario and then offered various formulas. Your task is to read and understand the scenario and based on the circumstances described define which of the given formulas is the correct one.
- Use a formula based on keywords: There is more than one way to calculate earned value results. Which formula to use depends on the progression (or health) of your project. These are scenario based questions that will contain certain keywords. You must recognize these keywords and apply the correct formula
You will have 105 opportunities to test yourself on these types of questions. For free!.
Bonus Item #2: Formula Pocket Guide & Cheat Sheet (VALUE: $15)
"Print it - Fold it - Study Wherever You Go." This is the motto of your Formula Pocket Guide and Cheat Sheet (Some people refer to this as a PMP® Exam Brain Dump Sheet). This is a one-page PDF document, which contains just the bare bones formulas, important values and acronyms that you need to know. For easier reference you will find them grouped into the following categories:
- Earned Value Formulas
- PERT Formulas
- Network Diagram Formulas
- Project Selection Formulas
- Communication Formula
- Probability Formula
- Procurement Formula
- Depreciation Formulas
- Mathematical Basics
- Important Values to Remember
- Acronyms to know for the PMP Exam
- Free Float and Total Float
- Values
- Acronyms
As its motto suggests, you can print and fold this one-pager and keep it in your pocket wherever you go. That way when you have five minutes while you are waiting at the supermarket checkout you can take it out and review your PMP® Exam Formulas.
Bonus Item #3: PMP® Exam Formula Guide Email Course (VALUE: $35)
One of the best strategies of studying for the PMP® Exam is to study daily and repetitively. That is why you will also receive this email course. Every day for 14 days you will receive an email with in-depth information about the most complex topics of the PMP® Exam. Your email course covers the following areas:
- Basic Earned Value Formulas
- Earned Value Forecasting Formulas
- Communication Channels
- Depreciation
- Average, Mean and Mode
- Standard Deviation
- Six Sigma
- Present Value and Future Value
- Point of Total Assumption
- Program Evaluation and Review Technique
- Cost Estimating
- Payback Period
- Expected Monetary Value
- Return on Investment (ROI)
- Net Present Value (NPV)
- Internal Rate of Return (IRR)
From these emails you will not only learn about the concepts behind each of these topics, we also tell you what you need to know and study for the PMP® Exam.
Bonus Item #4: Access to our Exam Discussion Forums
Wouldn't it be great if you had a question about the exam that you could go and ask a trusted source? That is what our exam forums are for. Only customers / students have access to these forums. Ask a question and your fellow students or our staff will help you.
Total Bonus Value $120
Here is my Guarantee to You
If you are worried about buying a product that you may not like, then worry no more. Here is my personal guarantee to you:
100% 1 Year Money Back Guarantee!  If you feel that The PMP® Exam Formula Study Guide does not work for you then I don't want to keep your money. Get your risk free copy of the PMP® Exam Formula Study Guide right now. If it doesn't come up to your expectations... If it isn't working for you... If you are not 100% satisfied... Just ask for a refund and I'll send your money back. It's that simple. The risk is all on my part... not yours. |
Don't forget, you have 12 whole months to decide ... by then you will probably already have taken and passed the PMP® exam.
Even better - you get to keep everything because there is no way that I could ask you to "un-download" your Study Guide. So you could easily download it now and then just ask for a refund.
But I trust you and I believe that you will not break PMI® Code of Ethics and Professional Conduct in such a way.
Order Your Own Personal Copy of The PMP® Exam Formula Study Guide right now.
Risk free and with Instant Access!
| YES! | I want to know and be able to apply the PMP® Exam Formulas. Give me Instant Access to download my PMP® Exam Formula Study Guide now. | ||
| YES! | I understand my order will be processed on a secure server, and once it is processed, I will receive an Email with Instructions on how to immediately download my PMP® Exam Formula Study Guide. (Check your spam folder if you don't see your email right away.) | ||
| YES! | I understand that the Formula Study Guide, the 105 Questions and the Formula Pocket Guide are in Adobe Acrobat PDF Format. | ||
| YES! | I understand that I have 1 Year to try The PMP® Exam Formula Study Guide and if I am not 100% satisfied I can get a full refund. | ||
Available for PMBOK® Guide 4th Edition
Click here to order and download your
PMP® Exam Formula Study Guide now
for just $29.97!
Don't wait - After all you have nothing to lose and can only gain to improve your PMP® studies.
Regards,
Cornelius Fichtner, PMP
Principal Instructor
The Project Management PrepCast™
P.S. |
Now is your chance to quickly learn all of the PMP® Formulas. The formulas, their concepts, the result interpretation, the 105 Free PMP® Sample Questions and the Email Course are a complete approach to studying the hardest part of the PMP® Exam. You will have a process based approach. And isn't a process what all of us project managers are looking for? Order now and accelerate your exam studies. |
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| PP.S. | Remember: If you are not absolutely satisfied with your Formula Study Guide and you let me know in the next year, then I personally guarantee that I will refund your money. No questions asked. So order now risk free... |
Footnote 1: PMBOK® Guide, PMI®, CAPM® and PMP® are trademarks of the Project Management Institute, which is registered in the United States and elsewhere. PMI® has not endorsed and did not participate in the development of this publication. Great care was taken in compiling the information contained within; however, due to the condensed nature of the content you should use the PMP® Formula Study Guide™ and the PMP® Formula Pocket Guide™ as a reference and not as a replacement for officially published material. Using the information from this guide does not guarantee that the PMP® exam taker will pass the exam. No such guarantees or warranties are implied or expressed by OSP International LLC.
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