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cost management

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…

What is Performance Measurement Baseline (PMB)?

https://www.youtube.com/watch?v=lr-jBjNHqOI Diving deep into the study for PMP you will definitely realize the importance of measurement be it the performance…