Chapter 1
Foundations of Project Management
Course: Pmp Test Prep
Subject: Pmp
Chapter: Inputs Outputs Tools Techniques And Emerging Topics 5506 10753
Lesson 2: Tools and Techniques I: Estimation, Scheduling, and Analysis
The tools and techniques of Section 5 are where project management gets quantitative — and this lesson gathers the most exam-critical calculation and analysis techniques into one place: estimation methods, the work breakdown structure and critical path, earned value management, and decision-tree analysis.
These are the techniques most likely to appear as calculation questions on the PMP exam, where you must not only recognize a term but compute or interpret a result.
For the aspiring project manager, the highest-yield content is earned value management — its three measures, its variances and indices, and its forecasting formulas — along with decision-tree expected monetary value.
The throughline is that these techniques turn the qualitative judgment of the performance domains into hard numbers: how long, how much, how far ahead or behind, and which option is worth the most.