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link to Rough Order of Magnitude – PMP Concept, Examples

Rough Order of Magnitude – PMP Concept, Examples

When performing project management, one of the most critical facets is the project estimation. Every project requires budgets and it is normal for the stakeholders in wanting to know how much...

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link to Rolling Wave Planning – PMP Concept, Examples

Rolling Wave Planning – PMP Concept, Examples

What is Rolling Wave Planning Rolling wave planning is a process that involves the planning of a specific project in waves as the project takes place which enhances the clarity of the details...

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link to Requirement Elicitation: Techniques, Examples [Free Checklist]

Requirement Elicitation: Techniques, Examples [Free Checklist]

What is Requirement Elicitation Requirement elicitation refers to the search for details about the functions to be performed by the system and the limitations under which the system must operate....

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link to Earn Value Management – PMP Concept, Formula, Examples

Earn Value Management – PMP Concept, Formula, Examples

Project managers always aim to be in control of challenging projects that tend to either exceed assigned resources or take longer than expected. Project managers turn to certain project management...

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link to Expected Monetary Value EMV – Concept, Formula, Examples

Expected Monetary Value EMV – Concept, Formula, Examples

There is no quick or easy formula when it comes to determining the expected monetary value (EMV); it is all based on probability. The value of commodities we own is evaluated by how much money they...

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link to Monochronic vs Polychronic Cultures: Differences, Examples

Monochronic vs Polychronic Cultures: Differences, Examples

Time is a fascinating concept and some abide by the clock and expect promptness while others take punctuality less seriously. Chronemics culture might not be part of your travel checklist but it is...

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