Project Schedule and Baseline Schedule – projectcubicle

Project Schedule and Baseline Schedule Project Schedule vs Baseline Schedule infographic

Project Schedule vs Baseline Schedule (Schedule Baseline) What is the difference between a project schedule and a schedule baseline? Is a baseline and why is it important in a project schedule? What is the difference between a schedule model and a project schedule? Time management (work schedule) is a crucial task in any project’s life … Read more

Estimate to Complete (ETC) Definition & Examples – projectcubicle

Estimate to Complete

Estimate to Complete (ETC) Definition & Examples Project managers often wonder how much money they will spend to complete the remaining project works. If the remaining direct costs and indirect costs of the works are more than estimated, clients, funders, and stakeholders will be unhappy and they will start to question the project’s success. It … Read more

Contingency Plan vs Fallback Plan – projectcubicle

Contingency Plan and Fallback Plan Contingency Plan vs Fallback Plan Examples infographic

Contingency Plan vs Fallback Plan Here we will talk about the topic; Contingency Plan vs Fallback Plan with examples. Contingency plan and fallback plan are common risk management terms. If you are working in the field of risk management, most probably you know when and how to use them. Of course, they are created to … Read more

Residual Risks vs Secondary Risks: What is the difference between risk and residual risk?

Residual Risks vs Secondary Risks examples infographic

Residual Risks vs Secondary Risks: What is the difference between risk and residual risk? Residual Risks vs Secondary Risks – We have to face risks in our daily lives. In some cases, we try to avoid them. However, risks are inevitable situations that may affect our plans. The same goes for organizations and projects. Risks … Read more

Master Schedule vs Milestone Schedule: What is Milestone Planning?

Master Schedule vs Milestone Schedule infographic

Master Schedule vs Milestone Schedule: What is Milestone Planning? In this article, we will analyze the following concept: Master Schedule vs Milestone Schedule. Project teams create work schedules in order to understand what work will be completed in which period. For that purpose, they create various types of schedules that serve different purposes. Project schedule, … Read more

Project Schedule vs Project Plan – Key Differences – projectcubicle

Difference between Project Schedule and Project Plan, Project Schedule vs Project Plan infographic

Project Schedule vs Project Plan – Key Differences Project Schedule vs Project Plan – If you are new to project management concepts, you may not know the differences between project schedule and project plan because these terms are sometimes used interchangeably. In our training programs, we saw that some PMP aspirants new to project management … Read more

Cost Variance (CV) in Earned Value Management – projectcubicle

Cost Variance Formula and Example in Earned Value Management infographic

Cost Variance (CV) in Earned Value Management Performance measurement is an important task in project management. In order to manage and complete a project from initiation to close up successfully, project managers employ some tools and techniques for performance measurement. One of the most effective tools used for this purpose is the Earned Value Analysis … Read more

Work Performance Data, Information and Reports – projectcubicle

project performance reporting tools and techniques and the importance of work performance reports in project management infographic

Work Performance Data, Information and Reports in Project Management Monitoring and controlling the status of the project is essential for the success of any organization. Typically, Work Performance Reports provide a general view that helps to understand if a project is performing as it is planned or is deviated from the original plan. From this … Read more

Project Management Courses to look for in 2024 – projectcubicle

Project management courses and certifications , project management certificate programs and lists

Top Project Management Courses and Certification Programs to look for in 2024 Project Management Courses – Project management is a technique, which a manager uses in order to complete a project on time. Now let us define a ‘project’. A project is a short-term or long-term task that is given to a team. The project has … Read more

Risk Management for Startups: Law Firms – projectcubicle

risk management

Risk Management Strategies for Startups: A Law Firms’ Perspective In the ever-evolving landscape of business, startups face a unique set of challenges and risks. Balancing innovation with sustainability requires not just creativity and passion but also a strategic approach to risk management. This article aims to guide startups through the intricate process of mitigating risks … Read more