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TOPIC: Error in PV in PrepCast E07.05

Error in PV in PrepCast E07.05 5 years 6 months ago #1986

  • Graham Brew
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Apologies if there is already a thread on this -- could not find it.

Love the PrepCast, but I think there is an error in PrepCast Episode E07.05 that listeners should be aware of. At ~16.50 minutes, the PrepCast uses (1 + 12) to mean 1 + 12%. It should be (1 + 0.12). The difference is of course huge.

Instead of the PV = 450 dollars (0.00045 million), the actual is PV = about 712,000 dollars. The error is so obvious it hardly needs mentioning, but it should be corrected anyway. Thanks for the PrepCast, overall it is a fantastic resource and a very reasonable cost.

Re:Error in PV in PrepCast E07.05 5 years 6 months ago #1993

  • Cornelius Fichtner
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Graham,

We are aware of this error. Please refer to the Errata Sheet ("E00.03 PM PrepCast Errata").

You can find this PDF document in your iTunes and it lists all the known errors in The PM PrepCast. There are about a dozen items.

And I'm glad that you like the PrepCast and it's cost :-)
Until Next Time,
Cornelius Fichtner, PMP, CSM
President, OSP International LLC

Re:Error in PV in PrepCast E07.05 5 years 6 months ago #1994

  • Graham Brew
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Thanks Cornelius, I was unaware of the errata until now. Thanks again for the excellent product!
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