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
This course is part of Microsoft Project Management Professional Certificate
Instructor: Microsoft
Included with
Recommended experience
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
Details to know
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September 2024
25 assignments
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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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Frequently asked questions
This program is for you:
· If you want to start or switch to a career in the field of Project Management.
· If you are interested in the field of project management, just beginning to work with project management tools.
You don’t need any background knowledge to take this Professional Certificate. Whether you’re just starting out or a professional in a relevant field, this program can be the right fit for you.
Whether you’re looking to start a new career or change your current one, Professional Certificates help you become job ready. Apply your new skills on hands-on projects that showcase your expertise to potential employers and earn a career credential to kickstart your new career.