Management  |  Format: Flash

Think Like a PMP: What All the Cost and Schedule Assessment Calculations Really Mean

Course Overview
Financial and reputation risks for general financial operations in business is mounting across the globe. Recent events has laid bare the high cost of exposing clients and organizations to the vulnerabilities to intrusion. As an industry leader, it is your responsibility to protect assets and avoid attacks. Performing this task will require that you are able to assess risks and measure cost that are necessary to be aware of when planning and maintaining projects. This class is targeted at Accounting professionals and others who work in the industry. In this course, you will learn about the different cost and schedule assessment calculations used in projects. The different formulas and outcomes of these calculations will be explained.

Learning Objectives
After completing this course, the course participant should be able to:

  • Identify the meaning of planned value (PV), earned value (EV), and actual cost (AC).
  • Determine how schedule variance (SV) and cost variance (CV) are calculated and what the results mean.
  • Identify how schedule performance index (SPI), cost performance index (CPI), and burn rate are calculated and what the results mean.
  • Determine how estimate to complete (ETC) calculations are calculated and what the results mean.
  • Define how to complete performance index (TCPI) calculations are calculated and what the results mean.
    Catalog Number: 99ABE01
    CPE Credits: 1 Registry / 1 QAS
    Author: Robin M. Abernathy
    Advanced Preparation:
    Understand project management processes; Understand project management terms
    Course Level: Basic
    Field of Study: Management Services
    Content Partner: SmartPros Ltd.
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Sound card with speakers/headphones
     Windows or Mac OS
    Release/Expiration Dates: Mar 28, 2018 / Mar 28, 2022