Book Title PMP Exam Prep Author Rita Mulcahy, PMP, et al. Latest Edition 10th Edition Based On PMBOK Guide 6th Edition & Agile Practice Guide Price Click here to check price on Amazon Amazon’s Best Seller? Yes Kindle Edition? Available Free Downloadable pdf? Not Available Publisher RMC Publications Publishing Year 2021 Rating Rita Mulcahy 10th…
Book Title Head First PMP Author Jennifer Greene, PMP & Andrew Stellman, PMP Latest Edition 4th Edition Based On PMBOK Guide 6th Edition Price Click here to check price on Amazon Amazon’s Best Seller? Yes Kindle Edition? Available Free Downloadable pdf? Not Available Publisher O’Reilly Media Publishing Year 2018 Rating Head First PMP 4th Edition…
Fixed Price with Economic Price Adjustment Contract Explained Fixed Price with Economic Price Adjustment Contract is a variation of the basic Fixed Price Contract (FP). In some of my previous articles, I have explained all the other variations of FP Contracts (as enumerated in PMBOK® Guide). In this article, I will talk about Fixed Price…
Point of Total Assumption Formula in Fixed Price Incentive Fee Contract How do you remember any formula? Simple! Understand the concept you will not need to remember the formula. I heard about Point of Total Assumption when I was preparing for PMP® Exam. At the beginning, it sounded very funny. One of the meanings of…
Incentive Calculation in a FPIF Contract In my previous post, I described Fixed Price Incentive Fee Contract (FPIF). In this article, I will discuss the formulas and incentive calculations for an FPIF Contract. Let me summarize the basic nature of the contract before getting into formulas and calculations. The basic nature of a FPIF Contract…
Fixed Price Incentive Fee Contract Explained PMBOK® Guide defines 3 different types of Fixed Price (FP) Contract. I have written about Firm Fixed Priced Contract (FFP) and Fixed Price with Economic Price Adjustment Contract (FP-EPA) in other posts. In this post, I will talk about Fixed Price Incentive Fee (FPIF) Contract. You should also read the…
Firm Fixed Price Contract Explained I have written a number of articles on different types of contracts. In some of my previous articles I have explained Fixed Price (FP) Contract. In this post, let me describe Firm Fixed Price (FFP) Contract. Even though FFP Contract is one of the sub-types of FP Contract but it is…
Mathematical Orientation of Contract Types Procurement Management Knowledge Area of PMBOK® Guide defines 3 different Contract Types. I have already written two articles to explain these Contract Types. Contract Types explained through an Example Contract Types for PMP® Exam I have written this article to provide a completely different perspective to the Contract Types. This…
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You might be looking for a PMP formulas cheat sheet that can help you to solve mathematics questions in the certification exam. In this post, you will find a comprehensive sheet having 45 project management formulas and 57 abbreviations. The sheet can be used as a quick reference pocket guide for solving calculation based numerical problems…
You might be preparing for the PMP certification exam and want to know the difference between Work Performance Data and Work Performance Information. Understandably so. There are many confusing terms defined in the PMBOK Guide. PMP students often get confused between such terms as the definitions are often very cryptic. Work Performance Data and Work…
