In this course, you'll learn about Earned Value Management, discover how to gauge project performance accurately, and use this information to make strategic decisions for project success. You'll also learn how to implement PMP formulas, equipping you with the tools to monitor progress and optimize resource utilization across diverse project environments. Additionally, you'll learn to assess project financial Return on Investment (ROI), honing your ability to evaluate project feasibility and prioritize investments to maximize organizational value.
PMP Formulas
PMP Formulas
This course is part of Microsoft Project Management Professional Certificate
Instructor: Microsoft
Sponsored by Abu Dhabi National Oil Company
Gain insight into a topic and learn the fundamentals.
5.0
(15 reviews)
Beginner level
Recommended experience
16 hours to complete
3 weeks at 5 hours a week
Flexible schedule
Learn at your own pace
What you'll learn
Gain insight into the process of Earned Value Management for accurate project performance evaluation.
Learn to implement PMP formulas to monitor progress and optimize resource utilization in diverse project environments.
Learn to assess project Return on Investment (ROI) for prioritizing investments and maximizing organizational value.
Skills you'll gain
- Project Management
- Project Controls
- Capital Budgeting
- Cost Benefit Analysis
- Cost Management
- Project Planning
- Financial Analysis
- Project Schedules
- Earned Value Management
- Corporate Finance
- Management Accounting
- Project Estimation
- Project Performance
- Financial Management
- Performance Measurement
- Program Management
- Scheduling
- Budget Management
- Project Accounting
- Finance
Details to know
Shareable certificate
Add to your LinkedIn profile
Assessments
25 assignments
Taught in English
Recently updated!
September 2024
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This course is part of the Microsoft Project Management Professional Certificate
When you enroll in this course, you'll also be enrolled in this Professional Certificate.
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- Gain a foundational understanding of a subject or tool
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There are 4 modules in this course
This module provides a comprehensive overview of Earned Value Management (EVM) and cost management, including EVM Variance Analysis and forecasting. You'll learn about essential PMP formulas and how to apply them to evaluate project performance and manage costs throughout the project lifecycle. From understanding formula concepts to hands-on calculations, you will gain the expertise to utilize PMP formulas effectively.
What's included
9 videos9 readings7 assignments1 discussion prompt
In this module, you will explore and apply key schedule management formulas within the context of project management, enabling you to effectively plan, monitor, and control project schedules. This session covers the Critical Path Method (CPM), Schedule Variance (SV), Schedule Performance Index (SPI), and other relevant formulas for comprehensive schedule and estimation management.
What's included
16 videos6 readings8 assignments
In this module, you will apply key Investment Analysis & Procurement Management formulas, equipping you with the skills to appraise project investment opportunities. You’ll also explore essential concepts, techniques, and strategies for assessing project investment and procurement.
What's included
18 videos7 readings8 assignments
In this module, you’ll put your skills into practice. You’ll reflect on the key learning points that you reviewed during the course and complete the final assessment and hands-on activity.
What's included
2 videos3 readings2 assignments1 discussion prompt1 plugin
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5.0
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Showing 3 of 15
SA
5
Reviewed on Dec 10, 2024
These formulas help assess project performance, estimate future outcomes, and analyze project risk.
GM
5
Reviewed on Oct 21, 2024
Great course detailed with plenty of activities to reinforce learning.
Recommended if you're interested in Business
The University of Melbourne
Microsoft
Microsoft
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