Posts Tagged ‘preparation’
PMP Exam Preparation: Introduction to Three Point Estimating
Sir Ganttalot helps you prepare for the PMP exam by explaining Three-Point Estimating. The video explains how to derive a Mean Estimate, how to calculate Standard Deviation (Sigma), and how to calculate Variance. In all cases both Triangular and PERT techniques are addressed. A second, related, video then shows how to apply Sigma values to calculate Confidence Levels for Estimates
Duration : 0:9:37
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PMP Exam: Earned Value Management – Part 3, Forecasting Completion
Sir Ganttalot helps you prepare for the PMP exam by explaining Earned Value Management. This is a three part lesson. Part 1 covers basic concepts, i.e. how to derive PV (Planned Value), EV (Earned Value) and AC Actual Cost. (These terms are also known as BCWS, BCWP and ACWP respectively.) Part 2 shows how to apply these items to calculate variances (SV – Schedule Variance, CV – Cost Variance, SPI – Schedule Performance Index, CPI – Cost Performance Index). Part 3 explains how Earned Value Management is used to forecast project performance by calculating EAC – Estimate at Completion, ETC – Estimate to Complete, VAC – Variance at Completion, and TCPI – To Complete Performance Index.
Duration : 0:9:13
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PMP Exam Preparation: Confidence Levels Based on Standard Deviation (Sigma) Values
Sir Ganttalot helps you prepare for the PMP exam by explaining how to apply Standard Deviation (Sigma) values to calculate Confidence Levels for Estimates. A related video explains how Mean Estimates and Standard Deviation are derived in the first place, using Triangular and PERT techniques.
Duration : 0:9:26
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PMP Exam: Earned Value Management – Part 2, Variances and Index Values
Sir Ganttalot helps you prepare for the PMP exam by explaining Earned Value Management. This is a three part lesson. Part 1 covers basic concepts, i.e. how to derive PV (Planned Value), EV (Earned Value) and AC Actual Cost. (These terms are also known as BCWS, BCWP and ACWP respectively.) Part 2 shows how to apply these items to calculate variances (SV – Schedule Variance, CV – Cost Variance, SPI – Schedule Performance Index, CPI – Cost Performance Index). Part 3 explains how Earned Value Management is used to forecast project performance by calculating EAC – Estimate at Completion, ETC – Estimate to Complete, VAC – Variance at Completion, and TCPI – To Complete Performance Index.
Duration : 0:9:20
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Principles and Practices of Project Management- Part 1 of 4
The practice of project management has evolved from improving project performance school of thought to making it indispensable for business success. This lecture video provides an insightful and conceptual overview of this evolution in 4 parts. Please do fill in the feedback at the end of the lectures.
Duration : 0:8:4
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