Alexandra CossardProject Manager, PMP, Black Belt & ADKAR Practitioner| GSKRixensart, Belgium
Dears,
Currently, I review some exercises, and I found 2 different ways for calculation of EAC/ CPI or ETC, when you have a list of activities as part of a whole package or project.
Sometimes, the calculations are made for each activity, sometimes, it is made globally. And the results are not the same...
Example:
Using the situation below, and assuming continued efficiency for work in progress and fixed price contract for task 4, calculate the EAC:
Alexandra CossardProject Manager, PMP, Black Belt & ADKAR Practitioner| GSKRixensart, Belgium
Dec 23, 2016 10:10 AM
Replying to Rami Kaibni
...
You're Welcome Alexandra.
In both cases, the final answer should be the same so it doesn't matter which way to adopt especially that the question asked for the final EAC for the whole project.
What I usually do (Depending on what the questions asks for), I usually take each task alone and do the math then to check my answer, I calculate the same considering all tasks so if both answers are the same then my answer us most probably correct.
You always need to analyize what the question asks for in order to know which way to go.
Hope this helps.
But, in that case, considering what the question ask, you would prefer do it per activity?
Thanks a lot...And best wishes for 2017
...
2 replies by Alexandra Cossard and Rami Kaibni
Dec 23, 2016 10:18 AM
Rami Kaibni
...
Yes I would still prefer to do it per activity and check my answer by calculating the thing as a whole.
Best wishes to you too in 2017 & always.
Dec 23, 2016 10:23 AM
Alexandra Cossard
...
You're right,not only for 2017,but always...I am in a step by step philosophy...at that time, due to the stress of the exam...
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Dec 23, 2016 10:14 AM
Replying to Alexandra Cossard
...
But, in that case, considering what the question ask, you would prefer do it per activity?
Thanks a lot...And best wishes for 2017
Yes I would still prefer to do it per activity and check my answer by calculating the thing as a whole.
Best wishes to you too in 2017 & always. Saving Changes...
Stéphane ParentSelf Employed / Semi-retired| Leader MakerPrince Edward Island, Canada
Dec 23, 2016 9:58 AM
Replying to Alexandra Cossard
...
You're completely right Rami.
But I wonder how you know that you have to consider each task whether than the all project?
My proposal was, considering all the tasks:
- Total of EV = 14k
- Total of AC= 19k
-CPI for the 4 tasks: 0,7368
-BAC: 19k
-So EAC= 19/0,7368 = 25787, so approximately 26k.
But,what is the right way? In some other exercises, I have seen the way I describe here, ans seeing now, that EAC is calculated for each task, I don't know what is the best?
Thanks for your support !
No. I don't know what is Fast Track but it comes from the training I had...
Saving Changes...
Alexandra CossardProject Manager, PMP, Black Belt & ADKAR Practitioner| GSKRixensart, Belgium
Dec 23, 2016 10:14 AM
Replying to Alexandra Cossard
...
But, in that case, considering what the question ask, you would prefer do it per activity?
Thanks a lot...And best wishes for 2017
You're right,not only for 2017,but always...I am in a step by step philosophy...at that time, due to the stress of the exam...
...
1 reply by Rami Kaibni
Dec 23, 2016 10:33 AM
Rami Kaibni
...
You will do just fine I am sure, I wish you the best of luck in your exam.
Try to solve as many simulation exams as possible. FastTrack is Rita Mulcahy's simulation exam software and even though it is pricy but it is worth the investment as you will benefit a lot.
Saving Changes...
Alexandra CossardProject Manager, PMP, Black Belt & ADKAR Practitioner| GSKRixensart, Belgium
Dec 23, 2016 10:21 AM
Replying to Stéphane Parent
...
Doh... the tabs don't line up well in the message. Let me see if I can do it as an HTML table.
The results I have shared are the answer provided by the trainer I had...so I assume they are right, and Rami found the same ones... Saving Changes...
Alexandra CossardProject Manager, PMP, Black Belt & ADKAR Practitioner| GSKRixensart, Belgium
Dec 23, 2016 10:23 AM
Replying to Anupam
...
I think this question is from FASTrack :)
No. I don't know what is Fast Track but it comes from the training I had... Saving Changes...
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Dec 23, 2016 10:23 AM
Replying to Alexandra Cossard
...
You're right,not only for 2017,but always...I am in a step by step philosophy...at that time, due to the stress of the exam...
You will do just fine I am sure, I wish you the best of luck in your exam.
Try to solve as many simulation exams as possible. FastTrack is Rita Mulcahy's simulation exam software and even though it is pricy but it is worth the investment as you will benefit a lot.
...
1 reply by Alexandra Cossard
Dec 23, 2016 10:38 AM
Alexandra Cossard
...
The instructor blamed me because I was preparing questions too much and I was making errors on what he considers as simple questions like, the tools and techniques, inputs and outputs, that you need to know by heart...
During the simulation, there were sentences coming directly from the PMBOK (including annexes)....what a pity such memorization....
Saving Changes...
Stéphane ParentSelf Employed / Semi-retired| Leader MakerPrince Edward Island, Canada
"Thousands of candles can be lighted from a single candle, and the life of the candle will not be shortened. Happiness never decreases by being shared."
Community Champion
