McGraw-Hill's PMP Certification Mathematics with CD-ROM

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  • Edition: 1st
  • Format: Package
  • Copyright: 2010-02-25
  • Publisher: McGraw-Hill Education
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Master the mathematics of project management! With McGraw-Hill's PMP Certification Mathematics, you have what you need to ace the toughest area of the Project Management Professional (PMP) certification test - math and statistics. The book provides in-depth descriptions of every math concept covered on the exam, along with all relevant calculations and practical problem-solving strategies. Complete with sample questions and step-by-step solutions, McGraw-Hill's PMP Certification Mathematics helps you build a solid foundation in the subject - whether you're planning to take the test or a practicing professional looking to refresh your skills. Target Your Studying - Focuses strictly on the critical math concepts and questions * "Experience" the Test - CD-ROM provides on-screen practice in the actual test format * Assess Your Performance - Explains what you got right and wrong . . . and why * Avoid Mistakes - Describes the most common errors - and how to avoid them * Stay Up to Date - Aligns with the latest PMBOK (Project Management Body of Knowledge) throughout.

Author Biography

Vidya Subramanian, PMP, is an experienced PMP with professional experience in different roles spanning all phases of the software development life cycle. She currently works at a leading financial institution in Virginia. Her core competencies include process improvements, business analysis, and project management. She holds a Bachelor’s degree in accounting and a Master’s degree in computer software applications from Mumbai, India. She also holds a Master’s degree in information systems from Virginia Tech. She is an active member of the Project Management Institute and a certified PMP and Scrum Master.

Ravi Ramachandran, PMP, is an information technology consultant in Virginia experienced in technology consulting, managing, analyzing, and implementing software solutions for clients. His expertise in the technology sector spans various industries, and his core competencies include client relations, business analysis, technical consulting, and off-site management. He holds a Master’s degree in computer science from the University of Texas at Dallas and an MBA from Virginia Tech. He is an active member of the Project Management Institute and a certified PMP.

Table of Contents

Part 1. Initiation

Net Present Value (Cost)
Project Selection based on economic models(Cost)
Make or Buy Analysis(Procurement)
EMV – Contingency Expenses calculation(Risk)
Contract Costs (Procurement)
Return on Sales(Cost)
Part 2. Planning

Decision tree(Risk)
Probability (Risk)
Number of communication channels (Communication)
Standard Deviation & Variation(Time)
Critical Path(Time)
Crashing (Time)
Part 3. Execution

Cost Variance (Cost)
Schedule Variance (Cost)
Cost Performance Index (Cost)
Schedule Performance Index (Cost)
Budget At Completion (Cost)
Estimate At Completion (Cost)
Estimate To Complete (Cost)
Variance At Completion (Cost)
Part 4. Monitoring & Controlling

Beta Distribution (Quality)
Control Charts (Quality)
Sigma (Quality)
Part 5 Closing

Total Point of Assumption (Procurement)

Rewards Program

Customer Reviews

Errors in the book and on the CDROM February 13, 2011
Good course but!

Book Errors
pg 8 example 2
PV = FV / (1 r) time not multiplied by

Pg 131 problem 4
The correct answer is C and answer B on pg 134

Pg 67 example 1
The answer is Make = 92000 and Buy = 65000 so EVM equals 27000 NOT -138000

CDROM Errors
Test 2 Question 1
The question says AC =15000 and the Answer says AC =25000 you will get this question wrong.

Test 6 Question 10
Cost Budget = cost baseline management reserve so 95000 9500 1900 = 123500 not answer 125400, the cost baseline is calculated twice.

Test 8 Question 2
The problem does not give the 5 percent interest rate, to get the answer correct assume 1.05 in (1 r)

Test 10 Question 2
The question is looking for SD not Variance which is not specified.

Test 10 Question 1
Answer B and D are the same answer but answer D will be the correct one.

Test 10 Question 7
There is no EVM question to the answer, but the answer is A
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