Ace the PMP journey with Project Cubicle’s PMP Exam Preparation section. Your guide to success in project management certification. 📚🌐 #PMP #ProjectCubicle
There are many forecasting tools and metrics used to calculate the future performance of a project. Schedule Variance, Cost Variance, Budget at Completion and Earned value are some of them. Likewise, other forecasting tools, Estimate at Completion (EAC) helps to … Read more
The success of organizations is dependent on the profitability of projects that they select. Once an opportunity has appeared for a project, there are several reasons that need to be analyzed before an organization decides to take it up. Project … Read more
The Expected monetary value analysis (EMV) is an important concept in project risk management which is used for all types of projects to make a quantitative risk analysis. As a risk management tool, Expected monetary value (EMV) helps to quantify … Read more
Kathy CastleA dedicated Career Coach, Agile Trainer and certified Senior Portfolio and Project Management Professional and writer holding a bachelor’s degree in Structural Engineering and over 20 years of professional experience in Professional Development / Career Coaching, Portfolio/Program/Project Management, Construction … Read more
In this article, we will discuss conflict management techniques in the workplace and their importance for successful project management. Conflicts are integral parts of our daily lives. They may arise when two or more people do not agree on an … Read more
Risks are the unforeseen events that may have positive or negative effects on a project’s goals. These events may originate from various types of resources such as financial errors, poor management, security threats, accidents, and severe climatic conditions. Many people … Read more
How to Create a Work Breakdown Structure? The concept, Work Breakdown Structure is widely used by professionals to represent the project’s scope and deliverables in a hierarchical way. Typically, creating a WBS is one of the first steps in project … Read more
Have you ever heard contingency budget in project management? Actually, Contingency Reserve vs Management Reserve is an important topic for the PMP Certification exam. You may encounter some questions related to the reserves. Calculating reserve is a part of a … Read more
Which one is the best organizational structure? Actually, it is difficult to answer this question. Because there are many factors affect the success of organizations and projects. Selecting the most profitable project alternative, having a well-defined mission, possessing an innovative … Read more
While creating a work schedule or a network diagram, professionals often use many terminologies such as lead time lag time, total float, free float, etc. These scheduling tools are used along with activity relationships in order to model the real … Read more
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