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"Customers
pay only for what is of use to them and gives them value. Nothing else
constitutes quality…"
Peter
F. Drucker
PMP Module 7 + PMBOK® Guide Chapter 7 |
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These notes
are supplementary information that expand on the core information
contained in Mosaic's PMP Exam Prep courses. Whilst not central the the
PMP exam requirements the materials are intended to add value to our
course notes and increase the overall richness of the materials as a
project management reference resource. Topics
planned for this page include:
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Course
Information
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Earned
Value Management
- PMI Practice Standard for Earned Value Management is available free of charge to PMI members as a non-printing PDF For instructions on downloading the PDF see: http://www.mosaicprojects.com.au/Books.html Our How To Implement Earned Value Business Management workshop is designed to teach the skills needed to use EV in a business setting [view workshop details]. - Blog (Nov. 2008): CPI Stability Myth - Blog (Nov. 2008): Earned Schedule - Blog (Jan. 2009): Earned Value Confusion = No Value - Paper: Earned Value - An Introduction to the Basic Principals - Paper: Earned Value Business Management |
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Cost
Estimating
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Cost
Budgeting & Control
Notes on Effective Project Cost Control By Alan Stretton, PhD. The notes briefly discuss the percentage completed problem; the evaluation of current performance and forecasting final costs and variances; focus of control on negative and positive variances; commitment costing; control by self control; project change control; and formal and informal project control. Add topic details....................... |
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Finance and
Accounting
Financial Ratios are used to assess the viability of a business some of the key assessments are: - The 'Quick Ratio' measures liquidity (availability of cash) a ratio of 1:1 is acceptable. Quick Ratio = (Cash + Government Securities + Receivables) / Total Current Liabilities - The 'Current Ratio' measures financial strength a ratio of 2:1 is acceptable. Current Ratio = Total Current Assets / Total Current Liabilities - 'Working Capital' measures cash flow. a positive value is acceptable. Working Capital = Total Current Assets - Total Current Liabilities Add topic details....................... |
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