cost management

https://youtu.be/-t4EES2SKew If you come to the Plan Cost Management process after going over the processes of the previous knowledge areas…

https://youtu.be/1WUKSSuS62Y One of the other important estimation tools and techniques is called Reserve Analysis. Just like the other Tools and…

https://youtu.be/x30ht5oPkdU As the name suggests, parametric estimates are based on parameters. It is all about using a relationship between these…

https://youtu.be/I3WMmL5n1EA The word analogous comes from 'Analogy'. Analogous Estimation is basically an estimation technique that can be used for calculating…

https://www.youtube.com/watch?v=UJd-bkn4VSw 'Murder Board' might not really sound like a Project Selection Process but then again it is meant to be…

https://www.youtube.com/watch?v=k1m8o3PleHk RELATED LINKS PROJECT SELECTION PLAYLISThttps://www.youtube.com/playlist?list=PLLRADeJk4TCK04Hcvb7lOX5FjXJtQhPdo YOUR PMP BRAIN DUMPhttps://www.youtube.com/watch?v=PxZ8j2KAOpY PMP FORMULA CHEAT SHEEThttps://www.youtube.com/watch?v=bOwdUsVI9ig LIST OF COMMON NAMES FOR PMP…

https://youtu.be/G7jG0_TOg78 Definition This is one of the most, if not the most, important metric that the Project Manager should be…

https://www.youtube.com/watch?v=CcRP3Wya_iM Definition Benefit-Cost ratio is the ratio of the benefits of a project compared to the costs calculated in terms…

https://www.youtube.com/watch?v=uIGFTejZRPI Definition Opportunity Cost is the highest value a person needs to give up for the selected choice. For example,…

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…