Burn Rate is a metric to assess the performance of a certain project with respect to the original budget. In short, burn rate is the rate at which the project is spending…
Month: September 2022
What Is the Difference Between Estimated Cost at Completion (EAC) and Actual Cost (AC)?
The main difference between the Estimated Cost at Completion (EAC) and the Actual Cost (AC) is that the former is a prediction of what the cost would be for accomplishing a certain…
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Project Management Learning is an excellent reference of Q & A (Questions and Answers) on Project Management. The website, with its extensive articles, highlights the importance of Project Management in our current…
How Big Is the Demand for PMP?
Before applying for PMP, every Project Manager asks this same question, what is the demand for PMP? This is a very legitimate question, considering that the Project Manager will spend a considerable…
What Is the Difference Between Project-driven And Non-project-driven Organizations?
There are several differences between project-driven and non-project-driven organizations, including: Project Management in project-driven organizations is mature and respected. On the other hand, in non-project-driven organizations, Project Management is still in its…
How Will the PMP Certification Affect My Salary?
Two common questions that Project Managers usually ask before applying for a PMP Certification are: What is the current demand for PMP? How will the PMP affect my current salary? While the…
What Is Student Syndrome in Project Management?
Student Syndrome in Project Management is a term used to highlight the ever increasing practice of leaving a lot of work until the last moment, while originally working at a very relaxed…
What Is the Difference Between Project Management and Program Management?
A Program encapsulates one or many Projects. There are multiple differences between Project Management and Program management including: Program Management is aligned with the strategic business objective of the organization, while Project…
What Is the CAPM Passing Score?
As with the PMP Passing Score, there is a confusion on what the passing score for the CAPM exam really is. PMI does not disclose it, however, contrary to the PMP exam,…
What is the Difference Between Project Objectives and Project Goals?
Some people tend to mix up Project Objectives and Project Goals, many think they’re the same, while, in fact, they are different. The main difference between Project Objectives and Project Goals is…
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