Project Management Practical Exercises

Candidates who possess at least 12 months of cumulative experience in leading, managing, directing, and/or participating in small-to-medium-size projects

Prerequisite
None

Expected Duration
65 minutes

Description
This course offers practice using the formulas for earned value management, communication channels, and make or buy analysis, and how to use a control chart and identify when a process is out of control. This course provides a foundational knowledge base reflecting the most up-to-date project management information so you can effectively put principles to work at your own organization. This course will assist in preparing you for the CompTIA Project+ exam, and it is aligned with exam version PK0-004.

Objective

Controlling Project Work, and Closing

  • start the course
  • calculate the planned value and earned value, given the budget, % of time passed, and % of work completed
  • calculate the schedule variance and schedule performance index, given the earned value and planned value
  • calculate the cost variance and cost performance index, given the earned value and actual costs
  • determine project performance, given a set of raw data points
  • utilize work performance data to determine project performance
  • determine the estimate at completion, using the formulas for scenarios 1 and 2
  • recognize how the choice of EAC formula depends on the project situation
  • use a control chart to determine when a process is out of control
  • calculate the number of communication channels, given the number of members on a team
  • perform a make or buy analysis and determine the break-even point

MONTHLY SUBSCRIPTION

$129/month
 

ANNUAL SUBSCRIPTION

$1295/year

Multi-license discounts available for Annual and Monthly subscriptions.