PM Study Circle - A PMP & CAPM Certification Exam Preparation Blog
PMP Exam Preparation Study Materials, Lessons Learned, Tips & Tricks, 35 Contact Hours, PMP FAQ etc.
A Precedence Diagramming Method (PDM), which is sometimes also known as the Activity on Node (AON) Diagramming Method, is a graphical representation technique, which shows the inter-dependencies among various project activities. This diagramming method is used to draw the project schedule network diagrams – for example the Critical Path Network Diagram and the Critical Chain Network [...]
This is a guest post by Ryan Sauer. In business, no two projects are ever the same. It would be nice if every task required the same resources but that’s not going to happen. Sometimes additional manpower is needed; other projects require additional goods and services from outside vendors to [...]
What are the Process Groups and Knowledge Areas? This was one of few doubts that came to my mind when I started preparing for my PMP Certification Exam and I referred the PMP reference books and the PMBOK Guide for the first time. Many questions regarding the process groups and knowledge areas [...]
In this blog, I’ve written about the PMP, the PMP Exam, PMI membership and its benefits, etc. However, there is one important thing that I still have not yet discussed. And that important thing is the PMBOK Guide, the Holy book for every project professional. Therefore, in this blog post we [...]
Today, we are going to discuss the Cost-Benefit Analysis, which is also known as Benefit-Cost Analysis. Cost benefit analysis in itself is a vast subject; however, in this blog post I’ll try to give you a general idea about the process. I hope that once you go through it, you’ll [...]