Earned Value Management is a great way to track performance of your Project's schedule and cost.
Here is a sample Question:
Activity A is worth $200, is 100% complete, and actually cost $200. Activity B is worth $75, is 90% complete, and actually cost $120 so far. Activity C is worth $200, is 75% complete and has cost $175 so far. The total budget is $1000.
What is 1) ETC 2) VAC 3) CPI 4) CV 5) PV 6) EAC
You need to look at the activites as tied to an entire project.
The BAC is $1,000.
5 interesting facts about the PMI's PMP credential
Did you know that ...
1.The world is spending 1/5 of its GDP (US $12 trillion) on projects this year 2012 - and organizations that range from global businesses to governments and NGOs have identified project management and skilled project managers as the key to their success.
2.In a recent global survey of highest paying certifications, that the PMP certification came 1st, ahead of other certifications such as ITIL vs2, Certified Information Systems, Security Professional (CISSP), Cisco Certified Voice Professional (CCVP), Microsoft Certified Solution Developer (MCSD) etc, this is in addition to been rated as the fastest growing certification in demand.
3.The PMP certification opens you up to global career opportunities. Project Managers with the PMP credential have in the last one year recorded an average of 15% salary increase post certification.
4.The PMP certification is recognised by business professionals around the world as…
Project Manager Resume - How to write an excellent Project Manager Resume that gets the job!
It is indeed a difficult task to write a single project manager resume that will be effective in attaining interviews for a variety of companies in several different industries as the Project Management career cuts across industries. Because there is so much competition for jobs, recruiters have become very good at “scanning” resumes. Scanning involves looking over a resume as quick as possible to look for keywords of interest such as “project manager”, “PMP” or “Prince2″ for example. While this is done manually, it’s often done with software as well.
With that in mind, you’re probably thinking how will I get all the experience I have as a project manager into a format that will show up in the “scan”?To cut a long story short - an effective Project Manager Resume must be built in! For startersresearch the skills needed for the project management job you wish to obtain. Make sure you use action wor…