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@dansandifer2068
4 жыл бұрын
This is exactly the type of instruction I needed on this topic. Well presented and clear. Thank you!
@pmclounge
4 жыл бұрын
You're very welcome! 👍😊
@BigOldScout
4 жыл бұрын
You left out three. 1st: the EAC version of TCPI. It's (BAC-EV)/(EAC-EV) 2nd and 3rd: On PERT That is the BETA, but your also asked Triangular. (P+M+O)/3 and the Triangular Deviation you need (P-O)/3.
@maxmooo
4 жыл бұрын
Thank you very much for your efforts and contributions. Your lectures have been very helpful have played a key role in clearing my PMP Exam today...
@pmclounge
4 жыл бұрын
Wow congrats Amjad, so happy for you. Thanks for the good words 🙂👍
@Nairgdl
5 жыл бұрын
Very useful video .. as always your way of explanation is absolutely on target and logical..
@pmclounge
5 жыл бұрын
Thank you 🙂👍
@gboladey
4 жыл бұрын
Nicely and calmly explained
@pmclounge
4 жыл бұрын
Thank you for your comment, appreciate it 👍😊
@mikesakers3606
5 жыл бұрын
VAC should be 0 (greater than zero) UNDER budget
@hasanmikrani3304
4 жыл бұрын
MashaAllah, Useful no doubt but it will be better if you add EAC based on TCPI. ie; (BAC-EV)/(EAC-EV) Estimation as Triangular.=(P+M+O)/3 and the Triangular Deviation (P-O)/3. in addition of that the Net Present Value should be listed NPV = Sum (PV) =sum (FV/(1+i)^n). I found at least one question from Comm channel and NPV theres in every mock. Though very less : Expected Monetary Value EMV=P X I ; probability X Impact
@Nairgdl
5 жыл бұрын
Can you please create a video on control scope including the tools and techniques.
@pmclounge
5 жыл бұрын
It is already available here - kzitem.info/news/bejne/xJygu32mj6iKq5w
@khikhikhi2109
5 жыл бұрын
I think you have explained VAC concept wrong. If VAC is positive means >0 which is over budget and not under budget vice versa for
@pmclounge
5 жыл бұрын
You are right, you can refer to this video for correction - kzitem.info/news/bejne/mXeXzZt7rWeLfKA
@sawyerswaim7576
8 ай бұрын
👍
@alirehman6937
6 жыл бұрын
Nicely explained (y)
@pmclounge
6 жыл бұрын
Thank you 👍
@anandsudhakaran9502
5 жыл бұрын
very informative video.. I think you have to include Expected Monetary Value (EMV) formula
@pmclounge
5 жыл бұрын
Thank you 🙂👍
@pmclounge
6 жыл бұрын
There are 16 formulae in total not 17!
@3azzamy
6 жыл бұрын
PMP Lounge your forgot the triangular equation = (O + ML + P) / 3
@ASaeed-lj9ex
6 жыл бұрын
These are 15 only...
@pmclounge
6 жыл бұрын
There are 16 in total, please refer to the description. Thanks
@jennym.gutierrez315
7 жыл бұрын
I counted 16.... =0
@pmclounge
7 жыл бұрын
+Jenny M. Gutiérrez thanks for pointing that out Jenny, appreciate that 👍😊
@AmarGlen
6 жыл бұрын
TCPI
@pmclounge
6 жыл бұрын
Well it really depends on the organizations/departments. On the surface, being under budget sounds like a good news but as a PM you should make sure that TCPI is as close to 1 as possible. If TCPI is significantly
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