Lessons Learned Register Example

The lessons learned register is a document that project team uses to record their lessons learned in a project. Project Management Body Of Knowledge (PMBOK) 6th Edition has introduced a new process called “Manage Project Knowledge” that chiefly governs lessons learned in projects. The lessons learned register is an important output of this process. Read More

Net Present Value (NPV) Calculation Steps

Net Present Value is a financial analysis technique that evaluates project profitability. It is a useful project selection technique. NPV project selection criteria falls under the classification of benefit measurement method. Further, NPV analysis uses discounted cash flow method to assess project profitability. In fact, major advantage of NPV method is that it uses time value of money. Read More

Earned Value Management Example

Understanding of earned value project management concepts is critical to successful implementation of this technique in real life projects. Solving earned value management example problems can not only help understand the concepts but also assist project management professional aspirants prepare for the pmp certification examination. This post consists of 3 basic types of evm problems. Read More

Critical Path Analysis Solved Example

Critical path analysis is the process of identifying the longest path in a schedule network diagram. It not only indicates completeness of project schedule but also helps to ascertain degree of schedule flexibility. Moreover, critical path analysis also reveals the minimum duration required to complete a project. Critical Path Method (CPM) is the most popular project schedule analysis technique. Read More