AC – Actual Cost ACWP – Actual Cost of Work Performed (same as AC) BAC – Budget at Completion BACP – Actual Cost of Work Performed BCR – Benefit Cost Ratio BCWP – Budgeted Cost of Work Performed (same as… Read More ›
PMP Notes
PMP – Exam preparation tips: questions category
PMP exam will consist of 200 multiple choice questions covering all the domains of project management – Initiation, Planning, Executing, Monitoring and control, closing. I will try to categorise the types of questions that you can expect in the exam,… Read More ›
PMP – Notes on Salience model, Business value, Total cost of ownership, Risk Categories, Project coordinator and Project expeditor
Salience model for analysing project stakeholder: used for identifying and analysing the projects stakeholders needs. Details of each type of the stakeholders you could find in any project: Definitive: Critical project stakeholder, whom should be managed with focus Dominant:… Read More ›
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