PMP ®: Detailed Math Concepts + 50 Math Questions, PMBOK 6th
4.6 (71 ratings)
623 students enrolled

# PMP ®: Detailed Math Concepts + 50 Math Questions, PMBOK 6th

Guarantee each math question in PMP ® exams by learning math formulas covered in the PMBOK guide 6th edition.
4.6 (71 ratings)
623 students enrolled
Last updated 1/2020
English
Current price: \$69.99 Original price: \$99.99 Discount: 30% off
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This course includes
• 4.5 hours on-demand video
• 2 articles
• Access on mobile and TV
• Certificate of Completion
Training 5 or more people?

What you'll learn
• Understand the major math formulas used in project management
• You will be able to select one project among others based on some calculations
• Estimate time and cost required for each activity in your project
• Master the Earned Value Management to forecast the project cost estimates
• Critical Path Method and float calculations
• Calculate the Expected Monetary Value of individual risks and project overall risk
• Master the Decision Tree Analysis
• Calculate your project time and cost Contingency Reserves
• Calculate the required Communication Channels for your project
• Decide to buy or make work packages and project activities
• Calculate the Final Fee and Price of the Project Contracts .
• Practice 50 + PMP Exam Questions
Requirements
• Basic Knowledge in Project Management
Description

UPDATED AS PER THE PMBOK 6th Edition , MAY/ 2019

This PMP training course about all math formulas you should know before scheduling your PMP ® exam, it’s direct and simple, talking only about math formulas and calculations needed for the PMP Exam. By understanding this course content you will have the chance to guarantee more than 20 questions in the real PMP  exam, this PMP course will explain in details 8 Major topics:

• Project Selection Methods – Economical Models

• Activity duration and cost estimates

• Schedule Network analysis and critical path method

• Earned Value Management

• Numerical Risk Analysis

• Communication Channels

• Contracts final fee & final price calculations

In each lecture you will find few questions that will improve your understanding of the concept explained in the lecture, at the end of each section you will have few questions with detailed answers in exam format , at the end of this PMP course you will be able to download some helpful resources to pass PMI exams , PMP and RMP Exams .

What makes all my PMP exam preparation courses unique that I create and pick for you tricky questions, I don’t select simple ones just to count questions!  Don’t expect to see simple & direct to the point questions in the exams, you should read the question carefully in order to pick the correct choice.

" Shadi is being professional in communicating the information of the course content; Clear English ,Easy explanation methods as well as the attitude he has shown for the fun of preparing for the PMP exam "

" Real good course to cover all the math for the PMP exam.  Individual should have some knowledge prior to taking course."

" Very useful , fruitful, and simple , highly recommended to be used , Thank you very much , it makes the course easy and simple :) "

" Excellent and practical PMP Detailed Math including process application methods. This is one of the best courses I have ever enrolled so far in project management. It made feel that I mastered the PMP math concepts and its relations to the PMBOK 6th edition processes. This course helped to understand, master and excel in all the concepts of the math requirements as they pertain to the PMP Exam and the PMBOK 6th edition requirements. Thanks to Shadi for his clear language, guidance, mentoring and coaching."

Click the “Take this course “button and let’s start some useful project management calculations to get ready for the PMP Exam .

I am a PMP ,  PMI-RMP and PRINCE2 Practitioner in good standing who has delivered hundreds of training courses. These are my IDs

Project Management Professional , PMP® #1955425 Risk Management Professional , PMI-RMP® #1982971

Please check the PMI Certification Registry. Search for my name as follows

Name : Shadi Ismail Al Sha'er

Country : Saudi Arabia

Disclaimer: PMI, PMBOK, RMP and PMP are registered trademarks of Project Management Institute.

Who this course is for:
• Project Managers
• Risk Managers
• Professionals preparing for PMP®
• Professionals Preparing for the PMI-RMP®
Course content
Expand all 42 lectures 04:38:07
+ Introduction
2 lectures 02:48
Preview 02:11
00:37
+ Project Selection Methods
9 lectures 41:30

Project Selection Categories and economic models explained in this section .

Preview 02:30
Scoring Models
04:09

How to use the present value formula plus 2 sample Questions

Preview 04:54

How to select the best project using the net present value model

Net Present Value
04:25

Economic Models Internal rate of return and payback period , how to select the best project upon these models is explained in this lecture .

Internal Rate of Return
03:21
Payback Period
02:44

Benefit-Cost ratio is an important economic model , how to calculate it is what this lecture is talking about

Cost benefit Analysis
03:52

Sunk Costs , opportunity cost , Working Capital , Law of diminishing returns and Depreciation .

Economic Terms
03:32
Project Selection Methods - 10 Questions
10 questions
12:03
+ Cost and Duration Estimates
5 lectures 25:13

Estimating Methods and Topics covered in this section

Introduction
02:14
Estimation Techniques
05:03
Three Point Estimating
05:48
Beta Standard Deviation
05:52

Test your knowledge related to cost and duration estimates through this quiz, the following lecture will have the detailed answers of those questions

Cost and Duration Estimates - 5 Questions
5 questions

Detailed answers of the previous quiz

06:16
+ Schedule Network Analysis and Critical Path Method
6 lectures 01:01:30

Listing topics which will be covered in this section

Introduction
01:39

Float , Lead , Lag , Critical Path and Major terms you need to know for the PMP Exam

Network Diagrams
05:44
Critical Path Method - Examples
20:31

Schedule Compression techniques , fast tracking and crashing .

Schedule Compression Techniques
04:34

In this quiz you will be able to test your knowledge in the " Schedule Network analysis " topic for the PMP Exam , following lectures will include a detailed Explanation of those questions and answers.

Schedule Network Analysis and Critical Path Method - 10 Questions
10 questions
17:03
+ Earned Value Management
7 lectures 01:13:29

Brief of section content

Introduction
06:29

How to calculate the Schedule variance and the cost variance , and what does that mean for the project ?

Cost / Schedule Variance
08:18

How to calculate the schedule and cost performance Indexes and what does that mean for the Project

Cost / Schedule Performance Index
09:45

How to calculate the EAC of your project , which formula to use out of the 4 formulas .

Earned Value Forecasting
15:25

How to calculate TCPI and what does this value means for the Project .

To Complete Performance Index
05:08
Earned Value Conclusion
06:59

Test your knowledge by practicing 15 Sample Questions .

Earned Value Management
15 questions
21:25
+ Communication Channels
2 lectures 06:13

How to calculate the communication channels of your project and the formula you should use

Communication Channels Math
04:14

Test your knowledge with 3 sample exam questions in this Quiz

Communication Channels
3 questions

3 Sample Exam Questions with detailed answers

01:59
+ Numerical Risk Analysis
5 lectures 37:59

Introduction
01:48

What is the Expected Monetary value and how to calculate .

Expected Monetary Value
05:23

Master the Decision Tree Analysis Technique

Preview 05:55

How to calculate your project Cost and Schedule Reserves required.

Contingency Reserve Calculations
09:59

Test your knowledge with this topic solving 10 Questions similar to the Exam questions.

Numerical Risk Analysis
10 questions
14:54
+ Contracts Management
4 lectures 26:58
Introduction
01:54

Preview 07:41

What is the Point of total Assumption and how to calculate it for your contracts

Preview 09:06

Test your knowledge with this topic through the 5 Questions in the Quiz which are similar to  the PMP Questions.

Contracts Management
5 questions