The Project Manager Benefits of Earning a PMP Certification

The Project Management Institute (PMI)® maintains the global standard of project management best practices, processes, methodologies, and professional ethics through the certification process. By obtaining the PMI®’s Project Management Professional (PMP)® certification, Project Managers have the distinction of a globally recognized professional credential. The benefits of having a PMP certification are enjoyed by both the …

Megan Bell

How to Get a PMP® Certification: PMP Certification Process

The Project Management Professional (PMP)® certification is a highly sought-after credential in the project management world. Earning the PMP certification demonstrates your ability to lead and complete projects of any type, size, and complexity. It also proves you have the professional skills needed for the management of projects across varying industries and locations. Are you …

Megan Bell

PMBOK® Guide 7th Edition and PMP Exam Prep

The Project Management Institute (PMI) produces A Guide to the Project Management Body of Knowledge (PMBOK® Guide) as a global standard for all things project management. Each new edition of the guide reflects careful consideration of the evolution of project management. PMI’s Project Management Professional (PMP)® certification is globally recognized as an achievement in the …

Megan Bell

Megan Bell

The Difference Between Parametric vs Analogous Estimating PMP

Estimating is a key skillset for any project manager in any industry. There are multiple estimating tools project managers can combine to better refine the final estimated value for resources, effort, budget, timelines, and even risks. No project plan can happen without estimating. The analogous estimating (or “top-down estimating”), parametric estimating, and three-point estimating tools …

Megan Bell

Megan Bell

Megan Bell

PMP Exam Prep: To Complete Performance Index (TCPI)

The Project Management Institute (PMI)’s Project Management Professional (PMP)® exam may include questions around the definition, purpose, and calculation of project management formulas used to assess cost and schedule. Among those project management tools is the To Complete Performance Index (TCPI), informally known as the “TCPI PMP.” Whether preparing to take the PMP® exam or …

Megan Bell

Megan Bell

Man's hand above graph

Point of Assumption

Different types of contracts have different requirements and budget impacts. Project Managers who are working towards earning the Project Management Institute (PMI)’s Project Management Professional (PMP)® certification should have a basic understanding of contracts and project formulas connected to different types of contracts. For instance, the point of total assumption calculation can be used with …

Megan Bell