Who is this program for?

<text variant="body1">This program is for you: <text variant="body1">· If you want to start or switch to a career in the field of Project Management. <text variant="body1">· If you are interested in the field of project management, just beginning to work with project management tools.

What jobs can I get with project management skills?

<text variant="body1">Prepare for a career in the high-demand field of project management. The project management skills you learn in this program prepare you for an entry-level role as a project manager. This program also prepares you for a variety of entry-level roles that require goal-driven problem-solving and strategic planning. <text variant="body1">These roles include: <text variant="body1">· Project Manager <text variant="body1">· Program Manager <text variant="body1">· Product Manager <text variant="body1">· Change Manager <text variant="body1">· Operations Manager <text variant="body1">· IT Project Manager <text variant="body1">· Construction Project Manager <text variant="body1">· Engineering Project Manager

Will I be able to complete this course online?

This course is completely online. You can access your lessons, readings, and assignments anytime and anywhere via the web or your mobile device.

How long does it take to complete the professional certificate?

It typically takes 4 months to complete the 9 courses. However, some learners may go through the content faster.

What will I get if I subscribe to this Certificate?

When you enroll in the course, you get access to all of the courses in the Certificate, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.

PMP Formulas

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PMP Formulas

This course is part of Microsoft Project Management: Build Job-Ready Skills Professional Certificate

Instructor: Microsoft

6,134 already enrolled

Included with

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4 modules

Gain insight into a topic and learn the fundamentals.

50 reviews

Beginner level

Recommended experience

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

4 modules

Gain insight into a topic and learn the fundamentals.

50 reviews

Beginner level

Recommended experience

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

What you'll learn

Gain insight into the process of Earned Value Management for accurate project performance evaluation.
Learn to implement PMP formulas to monitor progress and optimize resource utilization in diverse project environments.
Learn to assess project Return on Investment (ROI) for prioritizing investments and maximizing organizational value.

Skills you'll gain

Tools you'll learn

Microsoft Excel

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

25 assignments

Taught in English

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This course is part of the Microsoft Project Management: Build Job-Ready Skills Professional Certificate

When you enroll in this course, you'll also be enrolled in this Professional Certificate.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate from Microsoft

There are 4 modules in this course

In this course, you'll learn about Earned Value Management, discover how to gauge project performance accurately, and use this information to make strategic decisions for project success. You'll also learn how to implement PMP formulas, equipping you with the tools to monitor progress and optimize resource utilization across diverse project environments. Additionally, you'll learn to assess project financial Return on Investment (ROI), honing your ability to evaluate project feasibility and prioritize investments to maximize organizational value.

This course aligns with the Microsoft Office Specialist: Associate (Microsoft 365 Apps): MO-210 exam, enhancing your spreadsheet skills. You'll focus on managing worksheets and workbooks, managing data cells and ranges, managing tables and table data, and using formulas and functions. After completing this course, you'll be able to: • Describe the process of Earned Value Management. • Implement the PMP formulas project environments. • Assess if a project has a sound financial Return on Investment. This course is ideal for preparing for the PMI® Authorized PMP® Exam and starting your journey towards mastering the Microsoft Office Specialist: Associate (Microsoft 365 Apps): MO-210 exam.

This module provides a comprehensive overview of Earned Value Management (EVM) and cost management, including EVM Variance Analysis and forecasting. You'll learn about essential PMP formulas and how to apply them to evaluate project performance and manage costs throughout the project lifecycle. From understanding formula concepts to hands-on calculations, you will gain the expertise to utilize PMP formulas effectively.

What's included

9 videos9 readings7 assignments1 discussion prompt

9 videos Total 48 minutes

Introduction to the Course: PMP Formulas 5 minutes
EVM and Cost Management Overview 6 minutes
Planned Value (PV), Earned Value (EV), and Actual Cost (AC) 6 minutes
Variance Analysis and Performance Indicators 5 minutes
EVM Forecasting Overview 6 minutes
Estimate at Completion (EAC) 5 minutes
Estimate to Complete (ETC) 5 minutes
To-Complete Performance Index (TCPI) 6 minutes
Module Summary: PMP Formulas 4 minutes

9 readings Total 85 minutes

Course Syllabus: PMP Formulas 10 minutes
How to be successful in this course 10 minutes
EVM and Cost Management Formulas 10 minutes
Exploring Variance Analysis with Examples 10 minutes
EVM Forecasting Formulas 10 minutes
Exploring EAC and ETC Forecasting with Examples 10 minutes
TCPI Formulas 10 minutes
PMP Formulas Cheat Sheet 10 minutes
Additional Resources: PMP Formulas 5 minutes

7 assignments Total 105 minutes

Activity: EVM and Cost Management Formulas 10 minutes
Knowledge Check: EVM and Cost Management Formulas 15 minutes
Activity: Forecasting Formulas 10 minutes
Knowledge Check: Forecasting Formulas 15 minutes
Activity: EVM Assessing Performance 10 minutes
Knowledge Check: EVM Assessing Performance 15 minutes
Module Quiz: PMP Formulas 30 minutes

1 discussion prompt Total 10 minutes

Discussion Prompt: What do you hope to learn? 10 minutes

In this module, you will explore and apply key schedule management formulas within the context of project management, enabling you to effectively plan, monitor, and control project schedules. This session covers the Critical Path Method (CPM), Schedule Variance (SV), Schedule Performance Index (SPI), and other relevant formulas for comprehensive schedule and estimation management.

What's included

16 videos6 readings8 assignments

16 videos Total 92 minutes

Introduction to Schedule Management Formulas 5 minutes
Critical Path Analysis Overview 7 minutes
Excel based Simulation: Forward and Backward Pass 6 minutes
Float & Slack 6 minutes
Excel based Simulation: Float & Slack 5 minutes
Introduction to Estimation 5 minutes
PERT Estimating 5 minutes
PERT Concepts 5 minutes
Excel based Simulation: PERT Distribution 6 minutes
Triangular Distribution 6 minutes
Excel Based Simulation 5 minutes
Introduction to Contingency Reserves 6 minutes
Management Reserves 7 minutes
Risk Analysis vs Estimation of Cost and Schedule 6 minutes
Risk Planning vs Estimation of Cost and Schedule 6 minutes
Module Summary: Scheduling and estimating 6 minutes

6 readings Total 55 minutes

Schedule Development Tools and Techniques 10 minutes
PMP Schedule Management Formulas cheat sheet 10 minutes
PMP Estimation Formula Cheat Sheet 10 minutes
Contingency Reserves 10 minutes
Monitoring and Adjusting Reserves 10 minutes
Additional Resources: Project risk and reserve management 5 minutes

8 assignments Total 115 minutes

Activity: Critical Path Analysis 10 minutes
Knowledge Check: Critical Path Analysis 15 minutes
Activity: PERT Estimating 10 minutes
Activity: Triangular Distribution 10 minutes
Knowledge Check: Estimating Techniques 15 minutes
Activity: Reserve Management 10 minutes
Knowledge Check: Project risk and reserve management 15 minutes
Module Quiz: Scheduling and estimating 30 minutes

In this module, you will apply key Investment Analysis & Procurement Management formulas, equipping you with the skills to appraise project investment opportunities. You’ll also explore essential concepts, techniques, and strategies for assessing project investment and procurement.

What's included

18 videos7 readings8 assignments

18 videos Total 91 minutes

Introduction to Investment Forecasting and Analysis 7 minutes
Net Present Value (NPV) Overview 6 minutes
Net Present Value (NPV) Excel example 4 minutes
Future Value (FV) Overview 6 minutes
Future Value (FV) Excel example 3 minutes
Internal Rate of Return (IRR) Overview 7 minutes
Internal Rate of Return (IRR) Excel example 1 minute
Introduction to Project Selection 5 minutes
Benefit-cost ratio (BCR) Overview 5 minutes
Benefit-cost ratio (BCR) Excel example 4 minutes
Discounted Cash Flow Overview 6 minutes
Discounted Cash Flow (DCF) Excel example 5 minutes
Payback Period Overview 5 minutes
Payback Period Excel example 5 minutes
Overview of Investment Analysis 6 minutes
Expected Monetary Value (EMV) Overview 6 minutes
Expected Monetary Value (EMV) Excel example 4 minutes
Module Summary: Investment Analysis & Procurement 6 minutes

7 readings Total 65 minutes

PMP Investment Forecasting Formula Cheat Sheet 10 minutes
PMP IRR Formula Cheat Sheet 10 minutes
PMP Project Selection Formula Cheat Sheet 10 minutes
PMP Discounted Cash Flow Formula Cheat Sheet 10 minutes
PMP Investment Analysis Formula Cheat Sheet 10 minutes
PMP Expected Monetary Value Formula Cheat Sheet 10 minutes
Additional Resources: Investment Analysis & Procurement 5 minutes

8 assignments Total 115 minutes

Activity: Net Present Value (NPV) 10 minutes
Activity: Future Value (FV) 10 minutes
Knowledge Check: Internal Rate of Return (IRR) 15 minutes
Activity: Benefit-cost ratio (BCR) calculation 10 minutes
Activity: Discounted cash flow 10 minutes
Knowledge Check: Project Payback Period 15 minutes
Knowledge Check: Investment Analysis 15 minutes
Module Quiz: Investment Analysis & Procurement 30 minutes

In this module, you’ll put your skills into practice. You’ll reflect on the key learning points that you reviewed during the course and complete the final assessment and hands-on activity.

What's included

2 videos3 readings2 assignments1 discussion prompt1 plugin

2 videos Total 10 minutes

Course recap: PMP Formulas 7 minutes
Congratulations 3 minutes

3 readings Total 50 minutes

About the final project and assessment 10 minutes
Exercise: Develop a project financial analysis report 30 minutes
Next Steps 10 minutes

2 assignments Total 120 minutes

Self-review: PMP Formulas 30 minutes
Course Quiz: PMP Formulas 90 minutes

1 discussion prompt Total 10 minutes

Reflect on learning 10 minutes

1 plugin Total 10 minutes

Exemplar: PMP Formulas 10 minutes

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Instructor

Instructor ratings

(6 ratings)

Microsoft

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Reviewed on May 1, 2025

The course presents quantitative techniques in project managment clearly and comprehensively in a simple, straight forward manner with examples and illustrations.

Reviewed on Nov 11, 2025

I really apricate to Microsoft thanks it means a lot to me love from Pakistan to Microsoft such a incredible course contents

Reviewed on Oct 21, 2024

Great course detailed with plenty of activities to reinforce learning.

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Frequently asked questions

This program is for you:

· If you want to start or switch to a career in the field of Project Management.

· If you are interested in the field of project management, just beginning to work with project management tools.

You don’t need any background knowledge to take this Professional Certificate. Whether you’re just starting out or a professional in a relevant field, this program can be the right fit for you.

Whether you’re looking to start a new career or change your current one, Professional Certificates help you become job ready. Apply your new skills on hands-on projects that showcase your expertise to potential employers and earn a career credential to kickstart your new career.

Project managers are skilled and organized professionals who equip their teams with the tools to succeed and evolve through projects. The role of the project manager professional includes planning, executing, monitoring, controlling, and closing projects. They play a critical role in ensuring that projects are completed on time, within scope, and within budget while meeting the desired goals and objectives.

Prepare for a career in the high-demand field of project management. The project management skills you learn in this program prepare you for an entry-level role as a project manager. This program also prepares you for a variety of entry-level roles that require goal-driven problem-solving and strategic planning.

These roles include:

· Project Manager

· Program Manager

· Product Manager

· Change Manager

· Operations Manager

· IT Project Manager

· Construction Project Manager

· Engineering Project Manager

Yes. We highly recommend taking the courses of each certificate program in the order they are presented. The content in the courses builds on information from earlier courses. The final course contains a practice exam that assesses your knowledge of the content covered in the previous courses. As such, it makes the most sense to take the courses in the order they are presented.

When you complete this Professional Certificate, you’ll have an understanding of the fundamental concepts of project management and how they apply to an enterprise environment including:

• Motivating people and teams through all phases of a successful project.

• Using predictive, agile and hybrid approaches to determine which way of working is best for each project.

• Highlighting the success of a project and its impact on overall strategic organizational goals.

You’ll also be prepared to take the industry-recognized PMI® Authorized PMP® Exam, a global standard in project management certification.

To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.