Tag Archives: Ganttalot
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 … Continue reading
PMP Exam: Earned Value Management – Part 1, Basic Concepts
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 … Continue reading
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 … Continue reading
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 addthis_url = ‘http%3A%2F%2Fwww.project-managementprofessional.com%2Fproject-management-professional%2Fpmp-exam-preparation-confidence-levels-based-on-standard-deviation-sigma-values’; addthis_title = ‘PMP+Exam+Preparation%3A++Confidence+Levels+Based+on+Standard+Deviation+%28Sigma%29+Values’; addthis_pub … Continue reading
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 … Continue reading
PMP Exam – Critical Path Part 1
Sir Ganttalot helps you prepare for the PMP exam by explaining Critical Path and Float/Slack analysis. This is a two part lesson. Part 1 covers a quick and easy “eyeballing” method to identify the Critical Path in a project network and to determine the float/slack for non-critical tasks. Part 2 explores in detail the forward/backward … Continue reading
PMP Exam – Critical Path Part 2
Sir Ganttalot helps you prepare for the PMP exam by explaining Critical Path and Float/Slack analysis. This Part 2 video explores in detail the forward/backward pass approach to identify the Critical Path in a project network and to determine the float/slack for non-critical tasks. The Part 1 session covered a quick and easy “eyeballing” method … Continue reading