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PMP Prep Content

Project Selection – Return on Investment

https://www.youtube.com/watch?v=pphAMY5mV2U Definition Return on investment (ROI) is the benefit an investment bring about, by comparing profits in relation to capital…

Project Selection – Payback Period

https://www.youtube.com/watch?v=QAuuwDOu61U Definition Payback Period is the time it takes for the organization to earn back the initial investment (in terms…

Project Selection – Net Present Value (NPV)

https://www.youtube.com/watch?v=HiVbDQPRE1g Definition Net Present Value (NPV) of the sum of all cash inflows (in Present Value) of the project minus…

Present Value (PV) and Net Present Value (NPV)

https://www.youtube.com/watch?v=zIws9M2WVEQ Let's get the formula for PV out of the way first as it will pave the way for a…

Direct and Manage Work process

https://www.youtube.com/watch?v=cVCfzkDb9YE So what do you do once you have the Project Management Plan ready? Well its time to roll up your…

Organizational Process Assets (OPA)

https://youtu.be/yj73kbMEe5c Two of the most frequent inputs you will see time and again throughout all the processes are Enterprise Environmental…

Does the Project Manager create the Project Management Plan all by himself?

https://www.youtube.com/watch?v=e30uZtqOVUk In this video, we try to answer the question whether it is the Project Manager's responsibility to create the…

What is the difference between Sponsor, Customer and Client?

https://www.youtube.com/watch?v=6BwuNx4ItYg In this video, we go over the basic difference between sponsor, customer and client. They may sound the same…

Enterprise Environmental Factors (EEF)

https://youtu.be/1gphHL2dghs Two of the most frequent inputs you will see time and again throughout all the processes are Enterprise Environmental…

If the Project Charter authorizes the PM, how can a PM write it?

https://www.youtube.com/watch?v=h2qq3upTI4I We all know that the Project Charter is one document that clearly states the name of the Project Manager.…