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How does earned value give a clearer picture of project schedule?
SPI > 1: Project Ahead of schedule SPI = 1: Project on Schedule SPI < 1: Project behind Schedule
What is earned value?
EVM is a technique to monitor/track projects. EVM has 2 important index statistics: CPI and SPI. CPI is the cost performance index, and if it's >= 1 it means that the project is OK with the budget, if it's < 1, it means that the project is over-budget. SPI is the schedule performance index, and if it's >=1 it means that the project is on schedule or ahead of schedule, if it < 1, it means that the project is behind schedule.
Where could one find courses in project management in the US?
Courses in project management in the United States can be found attended at The Project Management Institute.This school teaches individuals the basics of project management.
Different parts of a project plan?
Project Planning involves 4 important phases. They are:1. Planning the Project Scope2. Planning the Project Resources3. Planning the Project Schedule4. Planning Quality & Risk ManagementThe Project Management Plan or the Project Plan has many parts. They are:The Scope Management PlanRequirements Management PlanSchedule Management PlanQuality Management PlanRisk Management PlanHuman Resource Management PlanCost Management PlanProcess Improvement Planetc
Do you like project management institute?
Yes. The PMI (Project Management Institute) is the premier institute that determines Project Management processes and methodologies.
What does SPI mean?
SPI, in Project Management Terms, is short for Schedule Performance Index. It's an indicator on whether the Project is on Schedule (SPI = 1), Ahead of Schedule (SPI > 1), or behind Schedule (SPI < 1).
How does earned value give a clearer picture of project schedule?
SPI > 1: Project Ahead of schedule SPI = 1: Project on Schedule SPI < 1: Project behind Schedule
What is the total number of PMP?
Project Cost Management Project Quality Management Project Human Resource Management Project Communications Management Project Risk Management Project Procurement Management Project Stakeholder Management
Who are the practitioners of project management?
Project managers and project management teams, project sponsors
What is SPI and PII?
whai is SPi?
What is earned value?
EVM is a technique to monitor/track projects. EVM has 2 important index statistics: CPI and SPI. CPI is the cost performance index, and if it's >= 1 it means that the project is OK with the budget, if it's < 1, it means that the project is over-budget. SPI is the schedule performance index, and if it's >=1 it means that the project is on schedule or ahead of schedule, if it < 1, it means that the project is behind schedule.
Do you have Bank management as a project?
how to implement project in banking management?
Who is the author of A Guide to the Project Management Body of Knowledge?
A Guide to the Project Management Body of Knowledge is a book by Project Management Institute. The book talks about knowledge in the project management profession.
Where can someone go to find out about project management?
There are many ways a person may learn more about project management. For instance, some college business courses teach about project management. Additionally, the Project Management Institute website specifically about project management.
Computerized project Management techniques?
"Computerized project Management techniques?"
Where could one find courses in project management in the US?
Courses in project management in the United States can be found attended at The Project Management Institute.This school teaches individuals the basics of project management.
Who would be responsible for creating a project management plan?
The Project Manager is responsible for creating the Project Management Plan for the project.
