PTA simplified

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manishpn
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Joined: Sat Jan 04, 2014 3:55 pm

PTA simplified

Postby manishpn Sat Mar 29, 2014 4:37 pm

one of the most irritating formula for PMP :)
though concept is very easy to understand those who have worked on FP contracts, remembering formula may be difficult.

Just like we have the trick to remember EVM formulas where EV is always at the start of formula, for PTA
its the Price ratio at the start
so it will (CP+TP)/BSR add that to Cost.
Though I hate to memorize formula without understanding underline concept. so for those who need to understand how the formula is derived find below deepfried brain site, one the simplest explanation i have found on web explaining PTA

http://www.deepfriedbrainproject.com/20 ... rmula.html
Br,
Manish P
PMP, PMI - ACP, SAFe Agilist
http://www.izenbridge.com/blog/7-effect ... ification/

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