Significance of Time in Project Management
Time is indeed a continuum of successive events that take place in sequence, from the past through the present to the future. The length of events or the intervals between them may be measured,...
Constructing Future!
Time is indeed a continuum of successive events that take place in sequence, from the past through the present to the future. The length of events or the intervals between them may be measured,...
The subcontractor Management Plan describes the relationship between the client/contractor and contractor/Subcontractor while they are working on a project. In order to build long-term business partnerships, contractors must use a variety of strategies to...
Performance Measurement Baseline (PMB) refers to the integration of the physical work schedule and the approved budget to accomplish the scheduled work. Together they result in an important value i.e. Planned Value (PV), Hence....
Earned Value Management is a comparison of the actual costs of work executed with the budget costs of work executed. For example, every company has some sort of tracking system to indicate how it...
Have you ever asked yourself any of these questions? My actual costs are less than my budget. Is my project doing well or is it behind schedule? My project’s real expenses have now exceeded...
Project A project is a temporary endeavour undertaken to create a unique product, service or result. In other words, Project is a job that has a definite beginning and end, a fixed budget and...