What is a PDU? Professional Development Unit Congratulations! you passed the PMP Certification Exam and become a certified professional. You learned the latest trends, skills, methodologies, processes, and knowledge areas [...]

Acid Test Ratio (Quick Ratio) Formula, Example, Definition Professionals new to financial terms, often think that acid-test ratio or liquidity are chemical concepts that are used to refer to complex [...]

Project Status Report Best Practices A project status report is a type of report which is created on a weekly or monthly basis for project management to demonstrate the current [...]

What is a Project Charter and Why is it Important? A project charter is an essential document in project management that outlines major project objectives and defines the roles and [...]

Project Life Cycle Phases in Project Management The main purpose of a successful project management team is to complete the project on time and budget with meeting the customer’s [...]

PRINCE2 vs PMP, Which Certification is Better for You? In this article, we will make a detailed analysis of the PRINCE2 vs PMP Certification topic from salary prospects and industry [...]

Advantages and Disadvantages of Gantt Charts If you are working in the field of project management, you must have heard of a Gantt Chart. But what is it and what [...]

Estimate Activity Duration – 6 Tools Professionals who aim at building up a career as a project manager must learn how to create a complete and comprehensive project schedule. Basically, a schedule [...]

Schedule Variance (SV) There are many tools and techniques used in project management to measure the performance of a project. One of the most popular tools used for this purpose [...]

What is the Difference Between Schedule Performance Index and Cost Performance Index? Earned Value Analysis (EVA) uses specific parameters that help you to measure the current performance of a project. [...]