The PgMP® Exam Aid, based on PMI's Standard for Program Management—Fifth Edition, is a comprehensive visual reference designed to help candidates prepare for the Program Management Professional (PgMP)® exam. This aid consolidates the essential frameworks, activities, formulas, and lifecycle phases that are critical for mastering program management concepts and passing the exam.
At the top, the aid presents a detailed table mapping core and supporting program activities across the four major program life cycle phases: Program Definition (Formulation and Planning), Program Delivery, and Program Closure. Activities such as Program Integration Management, Change Management, Communications Management, Financial Management, Information Management, Procurement Management, Quality Management, Resource Management, Risk Management, Schedule Management, and Scope Management are tracked through each phase. This structure helps candidates understand how program activities evolve and interconnect throughout the program's life cycle.
The aid also features supporting program activities, including change management planning, communications management planning, cost estimation, financial framework establishment, financial management planning, information management planning, procurement management planning, quality management planning, resource management planning, risk management planning, schedule management planning, and scope management planning. These activities are visually grouped and linked to governance frameworks and core program activities, emphasizing the importance of integration and oversight in successful program management.
Four governance framework diagrams illustrate how supporting activities and core program activities interact within each phase. These diagrams reinforce the role of governance in ensuring that program activities are aligned with organizational objectives, stakeholder needs, and benefit realization.
The lower section of the aid provides a set of essential formulas for earned value management, financial analysis, and other important calculations. Formulas such as Expected Monetary Value (EMV), Budget at Completion (BAC), Planned Value (PV), Earned Value (EV), Actual Cost (AC), Cost Variance (CV), Schedule Variance (SV), Cost Performance Index (CPI), Schedule Performance Index (SPI), Estimate at Completion (EAC), Estimate to Complete (ETC), Variance at Completion (VAC), To-Complete Performance Index (TCPI), Time Estimate at Complete (TEAC), and Time Variance at Complete (TVAC) are included, along with their acronyms and example calculations. Additional financial formulas like Present Value (PV), Net Present Value (NPV), Benefit-Cost Ratio (BCR), Internal Rate of Return (IRR), and Payback Period (PP) are also provided, as well as other important formulas for float, PERT, standard deviation, variance, communication channels, planned average burn, and actual average burn rate.
Overall, this PgMP Exam Aid serves as a quick-reference guide for candidates, helping them visualize the relationships between program activities, governance, and key calculations. It is an invaluable tool for reinforcing program management knowledge, supporting exam preparation, and ensuring a holistic understanding of the discipline.
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Source: Best Practices in PMP PDF: One-Page PgMP Exam Aid PDF (PDF) Document, RadVector Consulting
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