Parametric Estimation
As the name suggests, parametric estimates are based on parameters. It is all about using a relationship between these parameters or variables (a unit cost/duration and the number of units) …
Parametric Estimation Read MorePMC Lounge helps Project Managers Get Certified and Stay Ahead
As the name suggests, parametric estimates are based on parameters. It is all about using a relationship between these parameters or variables (a unit cost/duration and the number of units) …
Parametric Estimation Read More
While you may be a master at Resource Management, there are situations in real life projects where you need a resource but it isn’t available! As a Project Manager, what …
What if I need a resource that isn’t available when my project needs it? Read More
As a Project Manager, what are some of the most important Project Management Skills you must possess? Infact not just possess but excel! We discuss these skills in this very …
11 Important Skills of Project Management | Crucial Skills of Project Manager Read More
The word analogous comes from ‘Analogy’. Analogous Estimation is basically an estimation technique that can be used for calculating several project parameters especially duration and cost in project management. The …
Analogous Estimation Read More
Hope you remember the Estimate Activity Resources process. The reason for recalling it is simple. Most of the outputs of that process are the inputs of this one! But before …
Estimate Activity Durations Process Read More
While filling up the PMP Application form, what documents do you need? Let’s address this question in this video. RELATED LINKS PMP PRE-REQUISITES – PMP EXAM ELIGIBILITY REQUIREMENTShttps://www.youtube.com/watch?v=9SENm7qL6us PMP CERTIFICATION …
What documents are required for PMP Application? | Documentation for applying for PMP Read More
Statement of Work (SOW) and Project Charter are two important documents that are created towards the beginning of the project. What’s the difference between the two? Are they the same? …
What is the difference between Statement of Work (SOW) and Project Charter? Read More
If we have external consultants and contractors working for us on the project, is the Estimate Activity Resource process applicable to them? The answer to this question is in this …
Is Estimate Activity Resource process applicable to external consultants and contractors? Read More
In this Lounge Fever video on Resource Management, we look into a legit question. In your current job role, if you don’t do any kind of resource management, does it …
I don’t assign resources on my project, why should I study Resource Management? Read More
Estimate Activity Resources used to be a part of the Schedule Management Knowledge Area but with PMBOK 6 it has moved to the Resource Management Knowledge Area. As the name …
Estimate Activity Resources Process | Resource Breakdown Structure (RBS) | Resource Calendars Read More