To Complete Performance Index (TCPI)

To Complete Performance Index (TCPI)

To Complete Performance Index (TCPI) in Project Management There are many tools, techniques and formulas used to forecast the cost performance of a project. To Complete Performance Index (TCPI) is another strong...
Matrix Organizational Structure

Matrix Organizational Structure in Project Management

Organizational Structures in Project Management In order to conduct organizational activities and manage projects in an orderly manner, organizations are established in various structures. Likewise organizations, projects involve many tasks from human...
Enterprise Environmental Factors & Organizational Process Assets

Enterprise Environmental Factors Organizational Process Assets

Enterprise Environmental Factors vs Organizational Process Assets Enterprise Environmental Factors (EEF) and Organizational Process Assets (OPA) are the inputs of the project integration management processes. These concepts have an extensive coverage in...
Estimate at Completion (EAC) & Estimate at Completion Examples

Estimate at Completion (EAC) Examples

Estimate at Completion (EAC) as a Forecasting Tool There are many forecasting tools used to calculate future performance of a project. Likewise other forecasting tools, Estimate at Completion (EAC) helps to make forecasts for...
Project Selection Methods for Decision Making

Project Selection Methods for Decision Making

Project Selection Methods for Decision Making The success of organizations is dependent to the profitability of projects that they select. Once an opportunity has been appeared for a project, there are several...
Expected Monetary Value Calculation & Expected Monetary Value Examples

Expected Monetary Value (EMV) Calculation

Expected Monetary Value (EMV) The Expected monetary value (EMV) is an important concept in project risk management which is used for all types of projects to make quantitative risk analysis. As a...