Ace the PMP journey with Project Cubicle’s PMP Exam Preparation section. Your guide to success in project management certification. 📚🌐 #PMP #ProjectCubicle
Changes are inevitable in any project’s or product’s life cycle. Some changes have either positive or negative effects on the project’s baseline schedule, baseline budget, performance, and profitability. Other changes may affect the technical specifications and/or scope of a product. … Read more
Risk Appetite vs Risk Tolerance vs Risk Threshold is one of the most popular articles on projectcubicle.com. Risk Appetite is a tendency towards risks, Risk Tolerance is an acceptable variance, and Risk Threshold is a quantified limit beyond which you … Read more
If you are going to take the PMP Exam, you should know the topic of project coordinator vs expeditor well. Most of the projects involve several working groups that must be managed to meet schedule, communication, transportation, logistics, and cost … Read more
A risk defined as an unforeseen event that may have positive or negative effects on the project’s objectives in case of its occurrence. Since the risks have either positive or negative impacts, they can be grouped into two major categories. … Read more
How to write a project charter step by step? or Who creates the project charter? If you are preparing for the PMP certification exam, most probably you have encountered these questions several times. Project Charter is one of the most … Read more
Earned Value Analysis (EVA) uses specific parameters that help you to measure the current performance of a project. You can determine the project’s cost and schedule over-runs at any stages with them. They evaluate how the project is performing by … Read more
Grade vs Quality is one of the most popular articles in our blog. Grade and quality terms are widely used in project quality management as well as in our daily life. Most of the time we make comments about a … Read more
Risk is an uncertain event or condition which has impacts the project objectives in case of its occurrence. This impact may be positive or negative. Basically, risk is an unforeseen event which may or may not happen, but you must … Read more
If you are preparing for the PMP Certification Exam and want to know the differences between Work Performance Data and Work Performance Information, you are in the right place. There are many confusing terms in the PMBOK Guide that aspirants … Read more
Enhance Risk Response vs Exploit Risk Response – Risk response strategies are applied to identified risks. It is important to classify an identified project risk as positive or negative to apply the most effective strategy. In brief, a negative risk … Read more
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