project selection models Archives

Project Selection – Murder Board

‘Murder Board’ might not really sound like a Project Selection Process but then again it is meant to be more of a Project ‘Rejection’ Process. The Murder board is basically …

Cost Management

Project Selection – Internal Rate of Return

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Definition Internal rate of return (IRR) is the interest rate at which the cash inflow and cash outflow of the project equals zero. You don’t have to understand that! Sample …

Cost Management

Project Selection – Benefit-Cost Ratio

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Definition Benefit-Cost ratio is the ratio of the benefits of a project compared to the costs calculated in terms of Present Value (PV). BCR > 1 – the project is …

Cost Management

Project Selection – Opportunity Cost

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Definition Opportunity Cost is the highest value a person needs to give up for the selected choice. For example, if you have US $10, you can either buy a coffee …

Cost Management

Project Selection – Return on Investment

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Definition Return on investment (ROI) is the benefit an investment bring about, by comparing profits in relation to capital invested. Sample Question An organization is considering several projects with the …

Cost Management

Project Selection – Payback Period

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Definition Payback Period is the time it takes for the organization to earn back the initial investment (in terms of monetary cost) to the project and begin making profits. Sample …

Cost Management

Project Selection – Net Present Value (NPV)

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Definition Net Present Value (NPV) of the sum of all cash inflows (in Present Value) of the project minus the initial cost, i.e. PV (benefits) – PV (costs) (Read more) …

Judy Thang

Just wanted to let you know that your youtube video is awesome. Your emphasis on words and the way you speak makes it interesting and easy to understand. Thank you!

Judy Thang

PMC Lounge

2020-10-07T15:31:23+05:30

Judy Thang

Just wanted to let you know that your youtube video is awesome. Your emphasis on words and the way you speak makes it interesting and easy to understand. Thank you!

https://www.pmclounge.com/testimonials/judy-thang/

Ankit Mishra, PMP

I just gave my PMP exam and saw congratulations message at the end.

Thanks for creating PMC Lounge and I must say a huge credit goes to you for simplifying understanding in such a way that I found nowhere.

Thanks a lot Shoaib!

Ankit Mishra

PMC Lounge

2020-05-19T18:14:03+05:30

Ankit Mishra

I just gave my PMP exam and saw congratulations message at the end. Thanks for creating PMC Lounge and I must say a huge credit goes to you for simplifying understanding in such a way that I found nowhere. Thanks a lot Shoaib!

https://www.pmclounge.com/testimonials/ankit-mishra-pmp/

Namratha Maddirala, PMP

I passed my PMP exam last week and just wanted to say a BIG thank you for all the wonderful resources and videos you have been providing for PMP aspirants like me. Whenever i dont understand a topic on PMBOK, I used to refer to your videos. You make it so simple with a clear explanation. You are a Rockstar!!

I am so grateful to come across your channel. I even started recommending my colleagues to go through your resources. Please continue to do whatever you have been doing and wishing you very best in your future!!

Namratha Maddirala

PMC Lounge

2020-12-31T16:46:30+05:30

Namratha Maddirala

I passed my PMP exam last week and just wanted to say a BIG thank you for all the wonderful resources and videos you have been providing for PMP aspirants like me. Whenever i dont understand a topic on PMBOK, I used to refer to your videos. You make it so simple with a clear explanation. You are a Rockstar!! I am so grateful to come across your channel. I even started recommending my colleagues to go through your resources. Please continue to do whatever you have been doing and wishing you very best in your future!!

https://www.pmclounge.com/testimonials/namratha-maddirala-pmp/

Nelson Calderon, PMP

Hello dear sir,

I am writing from the other side of the world (Bogota, Colombia), and wanted to tell you that yesterday I succeed on the PMP exam, with or process groups above target (except closing). It was an online exam (we are still on quarantine).

Your videos where a material very important for this achievement, I saw almost half or your YouTube videos, this helped me clarify many doubts an improve my project management vocabulary in English (my mother language is Spanish).

So thanks a lot for all your efforts putting online this wonderful resources. May you and all your loved ones be happy, healthy and successful.

Nelson Calderon

PMC Lounge

2020-05-17T21:11:39+05:30

Nelson Calderon

Hello dear sir, I am writing from the other side of the world (Bogota, Colombia), and wanted to tell you that yesterday I succeed on the PMP exam, with or process groups above target (except closing). It was an online exam (we are still on quarantine). Your videos where a material very important for this achievement, I saw almost half or your YouTube videos, this helped me clarify many doubts an improve my project management vocabulary in English (my mother language is Spanish). So thanks a lot for all your efforts putting online this wonderful resources. May you and all your loved ones be happy, healthy and successful.

https://www.pmclounge.com/testimonials/nelson-calderon-pmp/

A. M. Al-Amin, PMP

I am really happy that I could get in touch with PMC Lounge's regular videos that clarified my concepts and ideas. It also helped me to have better knowledge on strategy to clear PMP at a one go. I like the style Mr. Shoaib delivers the lectures. I wish PMC Lounge continues this journey.

A. M. Al-Amin

PMC Lounge

2020-10-12T01:26:18+05:30

A. M. Al-Amin

https://www.pmclounge.com/testimonials/a-m-al-amin-pmp/

Prakash Sapkota, PMP

Thank you PMC Lounge and Shoaib for all the wonderful materials and tips. With the help of your incredible contents, i passed my PMP exam in first attempt. Thank you again and best wishes

Prakash Sapkota

PMC Lounge

2020-07-06T01:22:24+05:30

Prakash Sapkota

Thank you PMC Lounge and Shoaib for all the wonderful materials and tips. With the help of your incredible contents, i passed my PMP exam in first attempt. Thank you again and best wishes

https://www.pmclounge.com/testimonials/prakash-sapkota-pm/

Dan Sandifer, CAPM

Thank you. I had taken the "official" CAPM course from PMI but was struggling with the material. I watched your video on the formulas and then wound up going through multiple videos and found them clear, concise, and perfect. I passed the CAPM exam last Friday achieving above target on twelve of the thirteen topics (the last achieving target) and I attribute it to your videos. I have been in working in IT for many years and unfortunately, have been on furlough since March. As soon as I start working again, I am going to make a donation or two. Thank you for these videos and for making them free. I have given a thumbs up to many of them and will recommend them to everyone. May life bring you peace.

Dan Sandifer

PMC Lounge

2020-07-19T17:43:31+05:30

Dan Sandifer

https://www.pmclounge.com/testimonials/dan-sandifer-capm/

JJ Acot, PMP

I just want to thank you for the helpful videos you publish on YouTube. I recently passed my PMP exam last Dec 17, 2020 with only 2 months to review. I found out about your channel just 2 weeks before the exams. Your videos really helped me on the concepts and differences of certain topics.

Again, thank you PMC Lounge and kudos for your mission in helping out aspiring PMPs 😊

JJ Acot

PMC Lounge

2020-12-22T17:57:50+05:30

JJ Acot

I just want to thank you for the helpful videos you publish on YouTube. I recently passed my PMP exam last Dec 17, 2020 with only 2 months to review. I found out about your channel just 2 weeks before the exams. Your videos really helped me on the concepts and differences of certain topics. Again, thank you PMC Lounge and kudos for your mission in helping out aspiring PMPs 😊

https://www.pmclounge.com/testimonials/jj-acot-pmp/

Nazwa Salim

Thank you! you were very clear in your instruction delivery.

Nazwa Salim

PMC Lounge

2020-07-02T15:47:26+05:30

Nazwa Salim

Thank you! you were very clear in your instruction delivery.

https://www.pmclounge.com/testimonials/nazwa-salim/

Alimul Razi, PMP

I have passed PMP a few days back. I would like to give special thanks to PMC Lounge and Shoaib for the awesome video that helps me a lot to pass the PMP exam.

Alimul Razi

PMC Lounge

2020-12-20T22:04:50+05:30

Alimul Razi

I have passed PMP a few days back. I would like to give special thanks to PMC Lounge and Shoaib for the awesome video that helps me a lot to pass the PMP exam.

https://www.pmclounge.com/testimonials/alimul-razi-pmp/

Ayush Mishra, PMP

I have recently passed my PMP exam. I want to thank you for your efforts making free youtube videos for us! I followed your channel based upon my colleague's suggestion and the best part I liked about PMC Lounge is that it's cool & has a well-curated content, unlike other long boring videos. Videos really helped me clear my concepts and were interesting to watch as well. In fact, a day before my exam, I did nothing but went through all your videos again.

Thank you, Shoaib! 🙂

Ayush Mishra

PMC Lounge

2020-10-13T13:32:57+05:30

Ayush Mishra

https://www.pmclounge.com/testimonials/ayush-mishra-pmp/

Imran Khan, PMP

I have recently achieved my PMP certificate and during the preparation I found youtube videos of channel PMC Lounge extremely helpful. Shoaib is doing a really fantastic job by explaining the complex project management terms with ease.

I would like to recommend PMP aspirants to watch the PMC Lounge videos and gain required knowledge in a most easy way.

Imran Khan

PMC Lounge

2020-08-11T15:03:26+05:30

Imran Khan

I have recently achieved my PMP certificate and during the preparation I found youtube videos of channel PMC Lounge extremely helpful. Shoaib is doing a really fantastic job by explaining the complex project management terms with ease. I would like to recommend PMP aspirants to watch the PMC Lounge videos and gain required knowledge in a most easy way.

https://www.pmclounge.com/testimonials/imran-khan-pmp/

Aadil Feroze, PMP

The PMC Lounge channel is one of the very best resources on YouTube for aspiring PMPs, the videos are extremely clear, not distracting and superbly delivered by Shoaib Qureshi. Keep up the great work, your channel is invaluable! Thank You!

Aadil Feroze

PMC Lounge

2020-11-12T15:41:38+05:30

Aadil Feroze

https://www.pmclounge.com/testimonials/aadil-feroze-pmp/

Naved Ahmed, PMP

Thank you Shoaib !!
Finally I cleared my PMP , as a token of appreciation I would be glad to write a testimonial now !
Your contents are really helpful and covers all the topics, it was like a one-stop shop for me to check your videos for any Knowledge Area topic I was stuck with. The good thing about your content is that its saved in groups based on each knowledge area which is not the case with other content creators, so Kudos to you ! Thanks again, stay blessed !

Naved Ahmed

PMC Lounge

2020-12-08T22:21:04+05:30

Naved Ahmed

Thank you Shoaib !! Finally I cleared my PMP , as a token of appreciation I would be glad to write a testimonial now ! Your contents are really helpful and covers all the topics, it was like a one-stop shop for me to check your videos for any Knowledge Area topic I was stuck with. The good thing about your content is that its saved in groups based on each knowledge area which is not the case with other content creators, so Kudos to you ! Thanks again, stay blessed !

https://www.pmclounge.com/testimonials/naved-ahmed-pmp/

Kiran Joshi, PMP

Thanks to PMC Lounge for being there, the bite size multimedia material has been very helpful for me to successfully clear the PMP in first attempt. Best wishes to keep growing and spreading the knowledge.

Kiran Joshi

PMC Lounge

2020-11-29T16:52:08+05:30

Kiran Joshi

https://www.pmclounge.com/testimonials/kiran-joshi-pmp/

Arif Shah Syed, PMP

Passed my PMP exam with 'Above Target' in 4 domains & 'Target' in 1.

PMC Lounge videos was one of my preparation materials. Unlike other available videos, PMC Lounge's are really interesting, to the point & very easy to understand.

I would highly recommend PMP aspirants to benefit from PMC Lounge.

Thanks to PMC Lounge & Shoaib for your efforts in compiling & publishing such a great material online for 'FREE'. I would say you guys are really contributing to the PM community

Keep up the great work & thanks again.

Syed Arif Shah

PMC Lounge

2020-09-13T20:47:03+05:30

Syed Arif Shah

Passed my PMP exam with 'Above Target' in 4 domains & 'Target' in 1. PMC Lounge videos was one of my preparation materials. Unlike other available videos, PMC Lounge's are really interesting, to the point & very easy to understand. I would highly recommend PMP aspirants to benefit from PMC Lounge. Thanks to PMC Lounge & Shoaib for your efforts in compiling & publishing such a great material online for 'FREE'. I would say you guys are really contributing to the PM community Keep up the great work & thanks again.

https://www.pmclounge.com/testimonials/arif-shah-syed-pmp/

Krishna Kulkarni, PMP

PMC Lounge is excellent learning platform thank a ton to Shoaib Qureshi for high quality and knowledgeable videos specially on PMP. It covers all topics of PMP , FAQs and very importantly some of new topics which are interesting and very useful. Really appreciate Shoaib Qureshi and his team for hard work planning and organizing videos very well structured, delivery of speech and excellent presentation . Highly recommend for PMP aspirants if anyone looking for exam preparation sources.

Krishna Kulkarni

PMC Lounge

2020-12-06T00:54:00+05:30

Krishna Kulkarni

https://www.pmclounge.com/testimonials/krishna-kulkarni-pmp/

Subhash Mishra, PMP

I want to thank you for all the YouTube videos on PMP process groups and knowledge areas. There have been knowledge areas like Procurement Management which was explained so well that I didn't refer to the PMBOK guide or Rita Mulcahy's book after seeing your videos. I sat for the PMP Test on 26th Dec and cleared it in my first attempt. I thank you with all my heart for doing such a wonderful job. Thank you so much for making those Playlists.

Subhash Mishra

PMC Lounge

2021-01-05T20:33:25+05:30

Subhash Mishra

https://www.pmclounge.com/testimonials/subhash-mishra-pmp/

PMC Lounge