Category Archives for "PMP Difficult Topics"

Difficult Topics – Useful for CAPM and PMP Exam

Critical Path Analysis Example – 2 Ways to Calculate Critical Path

critical path analysis

Critical Path Analysis Example – Using 0 and 1 Method I got introduced to Critical Path Analysis in the year 1997. I am a software engineer by education. I learned most of the project management concepts while managing software projects – Critical Path Analysis was one such concept. I learned about Critical Path while using […]

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How to Remember Point of Total Assumption Formula?

Point of Total Assumption

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 […]

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6 Main Formulas of a FPIF Contract

fpif contract

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 […]

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Contract Types for PMP Exam

contract types

3 Different Contract Types for PMP Exam Have you studied and understood Contract Types for PMP Exam? You can expect a few questions on Contract Types for PMP Exam. The questions on Contract Types for PMP Exam are relatively easy to answer. You should have a compete understanding of the Contract Types. PMBOK® Guide describes […]

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Estimate to Complete: 3 ETC Formulas To Easily Solve PMP Exam Q

estimate to complete

Estimate To Complete is a very important Earned Value Management (EVM) concept. There are many calculation based mathematical questions in the PMP exam. Many of these questions are based on Estimate To Complete Formulas. Most of the best selling PMP Study Guides just list these formulas without really explaining them. You will find a complete […]

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Why do we need Start to Finish Relationship?

Start to Finish

Start to Finish Relationship is a Mathematical Practical Concept Start to Finish (SF) Relationship is probably one of the most confusing scheduling concept. It is not a profound concept but students still find it confounding. During my classes, most of the students are able to understand first 3 PDM Relationships easily. There are seldom any […]

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Start to Finish Relationship In Project Management – Definition & Examples

start to finish

Start to Finish Relationship in Project Management In this article, I have defined and explained Start To Finish Logical Relationship with the help of Project Network Diagrams, Gantt Charts & Examples. Start to Finish (SF) is one of the four relationships described in Precedence Diagramming Method (PDM). The other three are: Finish to Start (FS) […]

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How To Crack PMBOK Guide 6th Edition PMP ITTO Questions?

pmbok camp pmp itto questions

In this post I have described the strategies to answer PMP ITTO (Input, Tools & Techniques, Outputs) questions without the need to memorize them. These strategies are will help you to learn PMBOK ITTO to answer CAPM and PMP exam questions. I have also created a comprehensive and detailed PMBOK ITTO pdf guide based on […]

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4 Sure-Fire Steps to Solve PDM PMP Questions – Precedence Diagramming Method Example

precedence diagramming method pmp

In this post, I have solved a small question on Precedence Diagramming Method (PDM) that is used to draw project management network diagrams. There are a number of PDM Questions in the PMP Exam. I have taken a small network diagram example to showcase how PDM PMP questions can be solved using sequence of 4 […]

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The Ultimate Guide To Use PERT, CPM & Standard Deviation Together

pert cpm

I have described Program Evaluation & Review Technique (PERT), Critical Path Method (CPM) and Standard Deviation in complete detail this post. I have talked about how they are related to each other and how they can be used together. What is Critical Path Method (CPM)? Critical Path is the Longest Path in the Project Network. […]

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