Earned Value Management Formulas
Quick Reference for Earned Value Management Formulas If you are looking for a comprehensive list of all the Earned Value Management Formulas, then you are… Read More »Earned Value Management Formulas
Estimate to Complete (ETC) Formulas In Project Management
Estimate To Complete (ETC) is an estimation of funds required to complete the remaining work of a project. I have written this post to explain… Read More »Estimate to Complete (ETC) Formulas In Project Management
Earned Value Management System Explained in Easy Language
Do you find Earned Value Management System a difficult concept? I generally ask the above question in my class before I start explaining what is… Read More »Earned Value Management System Explained in Easy Language
2 Ways to Create Work Breakdown Structure
What is Work Breakdown Structure? Work Breakdown Structure (WBS) is one of the most misused term in Project Management. It can mean different things to… Read More »2 Ways to Create Work Breakdown Structure
Work Package In Project Management [Activity Examples]
A work package contains the work defined at the lowest level of the Work Breakdown Structure (WBS) for which cost and duration can be estimated… Read More »Work Package In Project Management [Activity Examples]
Top Differences Between Quality Assurance & Quality Control (QA vs QC)
Quality Assurance vs Quality Control is one of the most confused and debated topics among project managers and quality professionals. Even some of the experienced… Read More »Top Differences Between Quality Assurance & Quality Control (QA vs QC)
To Complete Performance Index (TCPI) Formulas | PMP Exam
To Complete Performance Index (TCPI) is the estimated cost efficiency required to complete the remaining project work within a defined budget. The defined budget could… Read More »To Complete Performance Index (TCPI) Formulas | PMP Exam
Accuracy vs Precision: Definition, Difference & Example
Accuracy is the degree of exactness or correctness whereas precision is the degree to which a measurement is reproducible. The former checks how close a… Read More »Accuracy vs Precision: Definition, Difference & Example
Estimate At Completion (EAC) Formulas/Calculation For PMP
Estimate At Completion is the revised estimate of the total funds required to complete total work of a project. It is the sum of the… Read More »Estimate At Completion (EAC) Formulas/Calculation For PMP
EVM – Is it useful?
How EVM can be implemented in Projects? In my previous post I explained EVM through an example – Building Tables. Was that a practical project… Read More »EVM – Is it useful?