Project Management Terminology
Organizational Process Assets. Plans, processes, policies, procedures, and knowledge bases that are specific to and used by the performing organization.
Project Schedule Management. Project Schedule Management includes the processes required to manage the timely completion of the project.
EF (english) : Early Finish date
If you are managing projects here are 6 good reasons to obtain your certification as Project Management Professional, PMP.
Question to a Project Management Professional
|Question||Select the best option|
|The BOM is the Bill of Materials, while the WBS is the Work Breakdown Structure. What is the difference between BOM and WBS?||
Answer & Explanation
Explanation : A Bill of Materials (BOM) presents a hierarchical tabulation of the physical assemblies, subassemblies, and components needed to fabricate a manufactured product. The WBS is a deliverable-oriented hierarchical decomposition of the work to be executed by the project team to accomplish the project objectives and create the required deliverables.
Why are more than 790.000 executives around the globe certified as PMP?
- Reason 1: Better opportunities for attractive positions
- Reason 2: Prospects of above average income
- Reason 3: Personal development
- Reason 4: Knowledge and ability up to date
- Reason 5: Competences in the international context
- Reason 6: Comprehensive operational capability