RMP

RMP is the acronym of "Risk Management Professional"

Present Value, Net Present Value, IRR
Present Value, Net Present Value, IRR
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Business Documents> Benefits Management Plan> Benefit Measurement Method> Economic Model> Project Selection Methodes> Present Value (PV) and Net Present Value (NPV)

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Key words : Project Selection Methods, Business documents, Benefits Management Plan, Present Value (PV), Net Present Value (NPV), Benefit Measurement Method, Economic Models, Murder board, Pear Review, Scoring Models, Discounted Cash Flow technique, Payback Period Benefit Measurement Methods It helps to make project decisions. We can use the method of ECONOMIC MODELS (it exists also

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COST. Earned Value Management

Key words : Cost, Earned Value Management, Actual Cost, AC, Planned Value, PV, Earned Value, EV, Budget At Completion, BAC, Cost Variance, CV, Schedule Variance, SV, Cost Performance Index, CPI, Schedule Performance Index, SPI, Estimate At Completion, EAC, Estimate To Complete, ETC,

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Communication Model

Key words of Communication Model : SENDER, ENCODE, MEDIUM, NOISE, DECODE, RECEIVER, FEEDBACK, ACKNOWLEDGE Medium : How the message travels (ex. email server, …). Noise : A little joke in the message and you can’t tell if I’m joking or not (

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Types of Communication

Types of Communication: PUSH, PULL, INTERACTIVE Push communication : This is information is sent to a group of individuals or Stakeholders via emails, memos, letters, reports, faxes, voice mails, blogs, press releases. This ensures that the information is distributed BUT does not

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Communication Channel formula

Communication Channel : This is the total number of potential communication channels between the Stakeholders. Example : As a Project Manager, you had 7 Stakeholders to communicate with. Hence, you have 28 communication channels. Two new Stakeholders has been added with whom you

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Parkinson’s Law

“Work expands so as to fill the time available for its completion” – Cyril Northcote Parkinson – A brilliant satirical essay published on November 19, 1955 in The Economist magazine begins with this quote that is so often seriously called law. A

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