Whether your organization undertakes a small project or managing a large one, it’s important for you to know that a project cannot be completed without proper and complete arrangements. Because every project tells a story regarding its goals, team members, … 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
Project Management, Program Management, and Portfolio Management are very important terms in project scope management. Although they sound similar, they refer to different concepts. Many PMP aspirants don’t know the differences between them. Knowing these concepts and understanding their differences … Read more
2 weeks ago, one of our readers asked how to calculate float time in critical path analysis. Therefore, we decided to write this article. Total Float vs Free Float is one of the most important concepts in PMP Certification training. … Read more
Close Procurement vs Close Project – Procurement is the operation of planning, tendering, purchasing goods, materials and/or services from an outer source. Project procurement management is the act of acquiring resources, goods, materials, and services required to complete the project on time … Read more
In our daily lives, we often make assumptions to support our decisions. However, constraints are obstacles on our path that block our plans and progress. If you are preparing for the PMP Certification exam, you have likely thought about project … Read more
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