Tips & Guides
Tutorials & Guides
Work Package vs. Activity: Concept, Differences, Examples
It can be quite challenging to differentiate work package and activities based on their outside definition. It even becomes harder ...
Project Cost Estimate vs Project Budget: Concept, Examples
Projects must be funded. However, the stakeholders must first determine the cost performance baseline and project funding requirement, which calls ...
Functional Organizations vs. Projectized Organizations: Concept, Differences, Examples
Every organization needs to have a proper structure to enable it function well and operate smoothly. The type of structure ...
Cost Variance vs Cost Performance Index: Concept, Examples
When undertaking any project, it is always essential to have a solid plan from the onset. However, it is almost ...
Benefit-Cost Ratio Explained with Examples
We all expect to gain some benefits from the projects we undertake. Otherwise, what would be the point of going ...
Project Schedule Network Diagram Explained with Examples
Project management is an extensive field that requires several tools. Overseeing a project from its conception to completion puts a ...