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Master the mathematics of project management! With McGraw-Hill's PMP Certification Mathematics, you have what you need to ace the toughest area of the Project Management Professional (PMP) certification test - math and statistics. The book provides in-depth descriptions of every math concept covered on the exam, along with all relevant calculations and practical problem-solving strategies. Complete with sample questions and step-by-step solutions, McGraw-Hill's PMP Certification Mathematics helps you build a solid foundation in the subject - whether you're planning to take the test or a practicing professional looking to refresh your skills. Target Your Studying - Focuses strictly on the critical math concepts and questions * "Experience" the Test - CD-ROM provides on-screen practice in the actual test format * Assess Your Performance - Explains what you got right and wrong . . . and why * Avoid Mistakes - Describes the most common errors - and how to avoid them * Stay Up to Date - Aligns with the latest PMBOK (Project Management Body of Knowledge) throughout.
Vidya Subramanian, PMP, is an experienced PMP with professional experience in different roles spanning all phases of the software development life cycle. She currently works at a leading financial institution in Virginia. Her core competencies include process improvements, business analysis, and project management. She holds a Bachelor’s degree in accounting and a Master’s degree in computer software applications from Mumbai, India. She also holds a Master’s degree in information systems from Virginia Tech. She is an active member of the Project Management Institute and a certified PMP and Scrum Master.
Ravi Ramachandran, PMP, is an information technology consultant in Virginia experienced in technology consulting, managing, analyzing, and implementing software solutions for clients. His expertise in the technology sector spans various industries, and his core competencies include client relations, business analysis, technical consulting, and off-site management. He holds a Master’s degree in computer science from the University of Texas at Dallas and an MBA from Virginia Tech. He is an active member of the Project Management Institute and a certified PMP.
Table of Contents
Part 1. Initiation Net Present Value (Cost) Project Selection based on economic models(Cost) Make or Buy Analysis(Procurement) EMV – Contingency Expenses calculation(Risk) Contract Costs (Procurement) Return on Sales(Cost) Part 2. Planning Decision tree(Risk) Probability (Risk) Number of communication channels (Communication) PERT(Time) Standard Deviation & Variation(Time) Critical Path(Time) Float(Time) Crashing (Time) Part 3. Execution Cost Variance (Cost) Schedule Variance (Cost) Cost Performance Index (Cost) Schedule Performance Index (Cost) Budget At Completion (Cost) Estimate At Completion (Cost) Estimate To Complete (Cost) Variance At Completion (Cost) Part 4. Monitoring & Controlling Beta Distribution (Quality) Control Charts (Quality) Sigma (Quality) Part 5 Closing Total Point of Assumption (Procurement)