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hello and welcome in this training we are going to cover how you can memorize the formulas that you need to know for your upcoming PMP or project management professional or CAD CAM exams in less than 10 minutes Im going to give you a super cool trick so be sure to stick with us until the end so most of the formulas that you are going to see what center around EVM or earned value management so lets first begin by covering some of the terminology that you need to know and then were going to dive right into the formulas so the first terminology that you need to know is PV or planned a value so the PV is a percentage complete of where the project should be before you begin your project you should be planning out your budget as well as your schedule so this is going to tell you at any point in time your project how much you have planned to spend and how much you planned to progress on your project so this is what your planned value is the next terminology that we will take a look at is e