Project Management and more..
As per the PMBOK Guide 5th edition, “Project risk is an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives such as scope, schedule, cost, and quality.” From the above definition, you can conclude that a risk can either be an opportunity or a […]
One of my friend Cracked PMP recently This is what he thinks… Learning Strategy I skimmed PMBOK® once and read the study notes provided by IT Education Centre 3 times. I bought PMP® Exam Prep: Rita’s Course in a Book for Passing the PMP® Exam and read all the chapters from cover to cover and […]
To pass the PMP, you will have to know the formulas used to calculate the key project management metrics. Some of the formulas you need to know are: Planned Value (PV) = Planned % Complete X BAC Actual Cost (AC) = Sum of the actual costs Earned Value (EV) = % Complete * BAC Budget […]