I under while there are about many formulas in the PMBOK, the most common formulas for the exam are only about 14 o so that are most common for the exam and I want to focus only on those. Does the Formula guide try to cover all? I am worried I might be spending a lot of time and worse adding a lot of stress if it does. Please advice.
Ask 10 people about the formulas that they needed for their PMP exam and you will hear 10 different answers. But generally speaking you get one of two answers... either "I didn't see many formulas on my exam" or "I am sure happy I studied the formulas because I really needed them!". That is because the questions you get on your exam are random in regard to the content. We know exactly what domain they are going to be in (PMI publishes the exact % per domain) but we do not know anything else.
That is why the formula Guide prepares you for the "worst case scenario", which is when you get an exam that is full of hard and "exotic" formulas. So it is really up to you to create your own "probability/impact matrix" in regards to the formulas on the exam and then decide how much time you want to study for each.
But remember first and foremost this: When I studied for my PMP exam I decided that this was something that I didn't simply do to become certified. I did this to become a better project manager. And while formulas don't necessarily make you better at your job, they add important knowledge, understanding and skill to your overall well-roundedness as a project manager. Look at this as a long-term investment. Not simply as "I'm only studying this for the exam".
Moderators: Yolanda Mabutas, Ahmed Amin, Scott Gillard, Mary Kathrine Padua, ERIC BARTLETT, Gail Freedman, Kevin Nason, Steven Mudrinich, PMP, Mark Wuenscher, PMP, John Wolverton, Tracy Shagnea, PMP, Jada Garrett
This interview with Simona Fallavollita (LinkedIn Profile) was recorded at the magnificient Project Management Institute (PMI)® Global Conference 2017 in Chicago, Illinois. We discuss the how, what, why and when of the changes that are coming to the PMP exam.