A contract is a binding agreement between the buyer and seller that obligates the seller to provide goods or services and obligates the buyer to compensate the seller for these goods or services. A contract sets expectations for all parties involved. A contract can be one of four types: cost-reimbursable, time & material, purchase order,…

Today, we will discuss start-to-finish relationships in a project network diagram. This project management dependency is not as common as a finish-to-start relationship, but knowing about it will help you develop a sound schedule network diagram. Let’s start by understanding the terminology. A predecessor activity will be completed before another activity.  A successor activity will…

Many certification authorities offer courses in project management, and CAPM is one of them. If you are interested in growing your career in project management but have little or no experience, consider obtaining CAPM certification. This certification will provide knowledge of project management best practices, tools, and techniques and prepare you for an entry-level position….

Every successful project has a clear purpose. The purpose of the project is the foundation upon which you build project planning, execution, monitoring, and controlling activities. Without a purpose, a project can deviate from the course of action, fail to meet its objectives or collapse entirely.  Understanding a project’s purpose is crucial, as it guides…

If you hold any PMI credential, such as PMP, you must have heard about Professional Development Units (PDUs) and wondered how they differ from contact hours. Today’s blog post will explain PDUs in project management, why you need them, how to get them, and how they compare with contact hours. The PMI credential expires after…

A project status report is a concise document that updates stakeholders on project progress (e.g., milestones, risks, budget, and timeline). It provides a clear overview of the current status, highlights key issues, and outlines the next steps. It can help ensure transparency and keep all parties aligned and informed. Status reports are parts of performance…

Every project has uncertainties and risks. Instead of ignoring these situations, you should analyze and understand them as part of risk management for a more robust decision-making process. In the initial phase of the project, uncertainty is high due to the limited availability of information. However, the situation becomes clear as the project progresses, and…

Today, I will talk about the CAPM exam structure. Many future Project Management Associates ask: What is the CAPM Exam Structure? How is it laid out? What should I expect during the test? The CAPM (Certified Associate in Project Management) certification is the most popular project management credential for professionals with little or no experience….

If you want to become a CAPM, you might wonder about the CAPM certification cost.  The answer to this question is complex. The cost requirements for the CAPM certification process vary from person to person. It is not a fixed cost because it depends on your requirements and circumstances. However, I can give you an…