Forecast Project Cost Earned Value Method

Project managers must face questions on future performance of project cost. The most commons questions are (a) What is the remaining work likely to cost? (b) What is the entire project likely to cost? (c) How much will be over or under budget at the end of the project? Earned Value Management technique has a set of highly effective and proven tools to forecast project cost performance. This blog post uses evm graphs to explain how earned value management (evm) formulas can help forecast project cost. Read More

PMP Exam Questions – A Brief Analysis

PMP examination that offers numerous benefits to both individuals and well as the organizations is a gruelling four-hour long test which needs to be completed in one sitting. A total number of 200 questions needs to be answered in a time frame of 4 hours. The PMP Handbook specifies the distribution of these questions across various process groups. The data is reproduced below in graphical format. All 200 questions that needs to be answered are not accounted for scoring Read More