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Page 1: Daves Pmp Exam Cram

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David Geoffrey Litten

CasaBlanca Publishing Corp

PMP EXAM CRAM

Dave Litten’s PMP

EXAM CRAM

All The Vital

Formula’s,

Summaries, andCharts You Need To

Pass Your PMP!

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 2

PMP Knowledge Areas.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 3

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 4

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 5

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 6

Common Terms.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 7

Enterprise Environmental Factors.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 8

Organizational Process Assets.

Common Inputs

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 9

Common Tools.

Common Outputs.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 10

Change Control.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 11

Project Management Plan.

Common Project Documents.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 12

Processes Summary.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 13

Organizational Structures.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 14

Business Case investment methods.

Simple Cash Flow.

Simple Payback.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 15

Return On Investment (ROI).

Cost Benefit Analysis.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 16

Project Selection definitions.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 17

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 18

Role Summaries.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 19

Forms of Power.

Conflict Management. 

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 20

Leadership Styles.

Team Development.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 21

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 22

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 23

Communications Channels.

Earned Value.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 24

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 25

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 26

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 27

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 28

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 29

Quality Management.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 30

All statistic equations in the PMP exam are based on a normal distribution.

For a normal distribution:

  68.3% of the data points fall within one standard deviation

  95.5% of the data points fall within two standard deviations

  99.7% of the data points fall within three standard deviations

For a normal curve and a cumulative distribution:

  0.15% of the data points fall between 0 and -3σ from the mean

  2.25% of the data points fall between 0 and -2σ from the mean

  16% of the data points fall between 0 and -1σ from the mean

  84% of the data points fall between 0 and +1σ from the mean

  97.75% of the data points fall between 0 and +2σ from the mean

  99.85% of the data points fall between 0 and +3σ from the mean

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 31

Cause and effect diagram. Defines the inputs to a process or a product in order to identify

potential causes of defects.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 32

Run chart. Show trends in the variation of a process over time.

Scatter diagram. Shows the relationship between two variables.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 33

Control Chart. A graphic display of process data over time and against established control limits

Flowcharting. Shows the inputs, process actions, and outputs of one or more processes within

a system.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 34

Pareto Chart. A histogram, ordered by frequency of occurrence, that shows how multiple

results were generated by each identified cause. 80/20 Rule = Pareto’s Law 20% of causes

responsible for 80% of problems

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 35

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 38

Expected Monetary Value: EMV = Probability X Impact (Cost)

Present Value: PV = FV / ((1+r) to the power of n) (FV is future value) 

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 39

Risk Threat Responses.

Risk Responses for Opportunities.

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  PMP EXAM CRAM 

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Risk Responses for both Threats and opportunities.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 41

Risk Probability and Impact Analysis.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 42

Fixed Price Contracts.

Cost Reimbursable.

Time and Materials.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 43

Contract Characteristics.

Contract Advantages and Disadvantages.

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  PMP EXAM CRAM 

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Procurement Exam Tips. 

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CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 46

Critical Path Method.

Network Diagram – forward and backward pass calculations.

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Total float and Free Float.

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  PMP EXAM CRAM 

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Bottom-up estimating.

This is the most accurate method, and is used when significant detail is known, but it is the

most time-consuming and expensive form of estimating.

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Analogous (Top Down) estimating.

Compares the current project with past similar projects, it is not very accurate, but easy to use

and quick.

Rough Order of Magnitude (ROM): -50% to +100%Budgetary: -10% to +25%

Definitive: -5% to + 10%

Parametric estimating.

A simple to use method for estimates that are quantitatively based, such as cost per square

foot or the number of miles a typical cable can be laid in a day.

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  PMP EXAM CRAM 

CasaBlanca Publishing Corp |© David Geoffrey Litten 2012 50

Three point estimating.

Takes the estimate uncertainty into consideration and weights the most likely estimate higher

than the others.

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  PMP EXAM CRAM 

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Professional Responsibility Tips.

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  PMP EXAM CRAM 

How Did You Do? 

These ‘condensed’ facts and figures have been designed easy summaries of the main PMBOK Syllabus, I

hope you found them helpful on your path to become a Project Management Professional!

Regards

P.S.

Everything I do believes in challenging the current way that project management training is

delivered. My video training products are beautifully designed, simple to absorb in easy steps,

and are downloaded direct to your computer. I call these video trainers, Primers -Want To Own One?

Check out my other Project Management Primers:

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(Pass Your PMP Exam First Time!)

http://www.directingaproject.com 

(Lean the art of Advanced PRINCE2 Governance)

http://www.project-management-primer.com 

(Introduction to Project Management

http://www.apmic-primer.com 

(Introductory Certificate exam for the APM)

http://www.msproject2010primer.com 

(Master MS Project 2010!)

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(Hone your personal assignment skills)