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, … Read more

Contingency Plan vs Fallback Plan

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

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 … 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 – 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. … Read more

Master Schedule vs Milestone Schedule: What is Milestone Planning?

Master Schedule vs Milestone Schedule infographic

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 … Read more

Cost Variance (CV) in Earned Value Management

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. … Read more

Work Performance Data, Information and Reports

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 … Read more

Risk Management for Startups: Law Firms

risk management

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 … Read more