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Simple Formula Questions – Three Point Estimates <br />www.pmchamp.com<br />
Many PMP aspirants dread the formula questions on the PMP exam. <br />Most of the formula questions come from the area of ...
However, there is a group of very simple formulas, which once mastered, can easily yield many right answers on the PMP Exa...
Such simple formulas belong in the Cost, Communication and Quality Management areas. <br />I’ll divide this post into mult...
Three Point Estimate<br />JOIN TODAY - Online PMP Exam Preparation Workshop<br />
The 3 point estimate belongs to the time management knowledge area. It can also be used during Cost Estimation.<br />A thr...
Manager: How long will it take to complete the engine design?<br />Engineer: 5 days. <br />JOIN TODAY - Online PMP Exam Pr...
The problem with single point estimates is that they are seldom correct.<br />How reliable is this 5 days estimate? It wil...
Learn More About The<br />Three Point Estimates<br />JOIN TODAY - Online PMP Exam Preparation Workshop<br />
Aim to Pass the PMP exam in your first attempt, with the right guidance and the PMI perspective of thinking. <br />Join ou...
And let me know once you pass the exam. All the Best!<br />Cheers,Vinai Prakash, PMP<br />www.pmchamp.com<br />JOIN TODAY ...
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Simple Formula Questions – Three Point Estimates

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Many PMP aspirants dread the formula questions on the PMP exam. Most of the formula questions come from the area of Cost Management & Time Management, generally using the Earned Value Mangement techniques.

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  • The program designed by Jeevan summarise what you need to know for your exam by focusing on the key concepts. The resources are well written and take the complexity out of the topics covered. The shortcuts and tips are especially useful and I'm already reaping the benefits; I can answer exam questions far quicker than I previously did. I achieved a 'C' grade in the foundation-tier paper this summer (2015). However, I am not satisfied with just a 'C' grade so I've entered the higher-tier paper in November 2015, where I am aiming to get an 'A' grade overall. Before I came across Jeevan's program, I would have been really happy with just a 'C' grade at GCSE. I now want to aim for the best grade possible because I know I can do it. Thanks Jeevan for giving me the belief that I can do well in in this subject. I'm even considering A-Level Maths! That's quite phenomenal for someone who failed their GCSE maths before!★★★ https://bit.ly/33W8jmf
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Simple Formula Questions – Three Point Estimates

  1. 1. Simple Formula Questions – Three Point Estimates <br />www.pmchamp.com<br />
  2. 2. Many PMP aspirants dread the formula questions on the PMP exam. <br />Most of the formula questions come from the area of Cost Management & Time Management, generally using the Earned Value Managementtechniques.<br />JOIN TODAY - Online PMP Exam Preparation Workshop<br />
  3. 3. However, there is a group of very simple formulas, which once mastered, can easily yield many right answers on the PMP Exam.<br />JOIN TODAY - Online PMP Exam Preparation Workshop<br />
  4. 4. Such simple formulas belong in the Cost, Communication and Quality Management areas. <br />I’ll divide this post into multiple parts, focusing on 1 simple formula at a time. This one focuses on the Three Point Estimation Technique.<br />JOIN TODAY - Online PMP Exam Preparation Workshop<br />
  5. 5. Three Point Estimate<br />JOIN TODAY - Online PMP Exam Preparation Workshop<br />
  6. 6. The 3 point estimate belongs to the time management knowledge area. It can also be used during Cost Estimation.<br />A three point estimate is a better estimate, compared to a single point estimate. Single point estimate simply gives you a single number – for example,<br />JOIN TODAY - Online PMP Exam Preparation Workshop<br />
  7. 7. Manager: How long will it take to complete the engine design?<br />Engineer: 5 days. <br />JOIN TODAY - Online PMP Exam Preparation Workshop<br />
  8. 8. The problem with single point estimates is that they are seldom correct.<br />How reliable is this 5 days estimate? It will depend on the engineer, and whether this task has been done before or not? If it is a routine task, and has been performed many times, a single point estimate may be ok…<br />JOIN TODAY - Online PMP Exam Preparation Workshop<br />
  9. 9. Learn More About The<br />Three Point Estimates<br />JOIN TODAY - Online PMP Exam Preparation Workshop<br />
  10. 10. Aim to Pass the PMP exam in your first attempt, with the right guidance and the PMI perspective of thinking. <br />Join our Online PMP Exam Prep Coaching Workshop<br />Or try out as many mock exam tests as you can:<br />Free and Paid PMP Resources<br />JOIN TODAY - Online PMP Exam Preparation Workshop<br />
  11. 11. And let me know once you pass the exam. All the Best!<br />Cheers,Vinai Prakash, PMP<br />www.pmchamp.com<br />JOIN TODAY - Online PMP Exam Preparation Workshop<br />

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