Tag: Study Notes (54)

In this post, we'll compare two formulas for calculating Estimate at Completion (EAC) in Earned Value Management (EVM) as part of project cost estimation.

A challenging Critical Path Method (CPM) calculation sample question with Finish to Finish Dependency in a Network Diagram for PMP Certification.

Formula to calculate Seller Fee and Point of Total Assumption (PTA) in Fixed Priced Incentive Fee (FPIF) Contracts in Project Procurement Management for PMP Certification.

Difference between Control Quality and Validate Scope in Project Management processes defined in the PMBOK Guide, 5th Edition.

Various reasons for terminating a project - a project is terminated because its objectives will not or cannot be met, or when the need for the project no longer exists.

The best conflict resolution technique is determined based on the situation. There's no single-best or one-size-fits-all conflict resolution technique for all situations.

Key points about Point of Total Assumption (PTA) formula calculation questions in Fixed Priced Incentive Fee (FPIF) Contracts under Project Procurement Management.

Learn how the Point of Total Assumption (PTA) formula is derived and the concept behind PTA for Fixed Priced Incentive Fee (FPIF) Contracts in Project Procurement Management.

Learn about the significance of Point of Total Assumption (PTA) means in Fixed Price Incentive Fee (FPIF) Contracts and its implications on the buyer and the seller.

Work Performance Information is an input to most Monitoring and Controlling processes. It is used to generate Work Performance Measurements (SV, CV, SPI, CPI, ETC, EAC). Together, WPI, WPMs and Budget Forecasts are used to generate Performance Reports.