Present Value (PV) and Net Present Value (NPV)
Let’s get the formula for PV out of the way first as it will pave the way for a better understanding of the concept. Formula PV = FV / (1+r)n …
Present Value (PV) and Net Present Value (NPV) Read MoreKnowledge Areas
Direct and Manage Work process
So what do you do once you have the Project Management Plan ready? Well its time to roll up your sleeves and get down to work! Essentially, the Direct and Manage …
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Organizational Process Assets (OPA)
Two of the most frequent inputs you will see time and again throughout all the processes are Enterprise Environmental Factors (EEF) and Organizational Process Assets (OPA). OPAs basically contain information …
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Does the Project Manager create the Project Management Plan all by himself?
In this video, we try to answer the question whether it is the Project Manager’s responsibility to create the Project Management Plan. RELATED LINKS MORE INTEGRATION MANAGEMENT FAQshttps://www.youtube.com/playlist?list=PLLRADeJk4TCLrX6lXJhyrLqtgw-iUCl31 PROJECT MANAGEMENT …
Does the Project Manager create the Project Management Plan all by himself? Read More
What is the difference between Sponsor, Customer and Client?
In this video, we go over the basic difference between sponsor, customer and client. They may sound the same but when it comes to Project Management, there is quite a …
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Enterprise Environmental Factors (EEF)
Two of the most frequent inputs you will see time and again throughout all the processes are Enterprise Environmental Factors (EEF) and Organizational Process Assets (OPA). EEF is loosely defined …
Enterprise Environmental Factors (EEF) Read More
If the Project Charter authorizes the PM, how can a PM write it?
We all know that the Project Charter is one document that clearly states the name of the Project Manager. But you may have also read that the Project Manager might …
If the Project Charter authorizes the PM, how can a PM write it? Read More
What is the difference between a Stakeholder and a Sponsor?
Can a stakeholder be a sponsor or vice versa? What exactly is the difference between the two. In this video, we cover this question. RELATED LINKS MORE INTEGRATION MANAGEMENT FAQshttps://www.youtube.com/playlist?list=PLLRADeJk4TCLrX6lXJhyrLqtgw-iUCl31 …
What is the difference between a Stakeholder and a Sponsor? Read More
Can’t you run the Project without a Project Charter?
What if your project doesn’t have a Project Charter? Is that even possible? RELATED LINKS MORE INTEGRATION MANAGEMENT FAQshttps://www.youtube.com/playlist?list=PLLRADeJk4TCLrX6lXJhyrLqtgw-iUCl31 PROJECT CHARTER PLAYLISThttps://www.youtube.com/playlist?list=PLLRADeJk4TCLPTstpXwkQGzYdbPl74URz SHOP FOR PMP AT AMAZON INDIAhttp://amzn.to/2xjhXlS
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Elements of the Project Management Plan
The Project Management Plan is, without a doubt, the core of Integration Management. It is the main tool that the Project Manager uses for running a project. We have already …
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