If you’re thinking about taking the Project Management Professional (PMP) exam, you might be wondering if there’s a secret to passing it. Many aspiring PMPs are looking for simple tips to help them traverse the study materials and the exam with ease. Some people believe that if they use these tactics, they won’t have to... » read more
PMBOK 7th is currently accessible to download from all PMI paying members active on the PMI website before launch. It is a 370-page book that does not replace the thorough PMBOK 6th Edition (794 pages). Rather than that, it brings another perspective and value to project management. As a result, all PMI tests are still... » read more
![[with Formulae & Examples] What Is Cost Variance (CV)?](https://blog.spotodumps.com/wp-content/uploads/2021/08/What-Is-Cost-Variance-CV-360x240.png)
When reading about earned value management and variance analysis, you most likely came across the cost variance (CV). Whether you’re controlling project costs or studying for the PMP test, knowing how to use the CV is critical to mastering project cost management. The concept of cost variance is introduced in this article. It also includes... » read more
![[Updated 2021] Take Latest and Free PMP Practice Exam to Test Yourself!](https://blog.spotodumps.com/wp-content/uploads/2021/07/Updated-2021-Take-Latest-and-Free-PMP-Practice-Exam-to-Test-Yourself-360x240.png)
The new PMP exam pattern, which was in effect on January 2, 2021, was centered on three domains: People, Process, and Business Environment, and was designed to fulfill the demand for more diversified skills and approaches than ever before. It has 180 questions that blend multiple choice, multiple response, matching, hotspot, and fill-in-the-blank questions to... » read more
Earned value management is a critical part of the Project Cost Management subject area and a crucial part of the PMP® certification exam. Earned value management contains some terms and formulas that candidates undergoing PMP certification training must comprehend and remember to pass the exam. We will explore these critical terms and formulas for calculating... » read more
The Project Management Professional (PMP) certification is a globally recognized certification that aims to test your knowledge in project management. PMP is ranked as a top management certification, and people with a PMP earn up to 25% more than those without the certification. However, achieving the certification takes time, money, effort, a four-year degree, 36... » read more