I just completed the acknowledged hardest one (scheduling and cost control) on Friday, (6/20/08) with a doozy of a test that gave me a stress head and neck ache you just wouldn’t believe and I was using adaptogens for increased performance on my brain but even still it was hard. When doing something that requires your full focus and brain power or want to relieve some stress, consider getting a brain booster like an adaptogen that is effective! Never being one who likes math, arithmetic or whatever, I memorized a BUNCH of PMI Earned Value Management Terms and Formulas… For example:
- PERT is a weighted average, to get it: O + 4ML +P/6
- Standard deviation: P – O/6
- Schedule Variance: EV – PV With values = 0 being good, – 0 bad and 0+ favorable
- Cost Variance: EV – AC With values = 0 being good, – 0 bad and 0+ favorable
- Schedule Performance Index: EV/PV, With values = 1 being good, – 1 bad and 1+ favorable
- Cost Performance Index: EV/AC, With values = 1 being good, – 1 bad and 1+ favorable
- Estimate to complete : ETC = EAC – AC
- Estimate at Completion: EAC = BAC / CPI or, EAC = AC + ETC or EAC = AC + (BAC – EV)
- Variance at Completion: VAC = BAC – EAC
Oy! Can you believe that crap is inside my little brain? Me neither! Last night at dinner with Tim at a cool Tappas restaurant I actually was able to converse intelligently about ROM (rough order of magnitude) and bottom up budget estimates and when to use them. Stop me when I start to babble… oh, ok, I’m babbling. I’ll stop…
On a related note, Abby had the grace to wait until Saturday to leave this world. Had her stroke come any earlier, I would not have passed the exam, much less completed the class. What a good girl, huh?
