Namita Gupta

difference between fast tracking and crashing

What is Fast Tracking and Crashing?

Fast-tracking and crashing are techniques without which a project manager can’t survive. I know many of Project managers out there reading this blog will agree with me. These are schedule compression techniques, and we are not supposed to used commonly. But, these are very common in real life.  There are many driving forces which need compressing the schedule. Many times business reasons encourage to use them. Or, sometimes projects managers have pressures from business stakeholders. So for both practical usages…

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lag in project management

What is Lead and Lag?

Lead and Lag in project activities are easy concepts. Even though, during my coaching sessions, I see a lot of confusion around them. Especially when we use these concepts in – Network diagrams and with a different type of relationships. Let’s decode these confusions here starting from Lag time in project management. What is a lag in project management? Based on PMBOK® Guide Sixth Edition A lag time is the amount of time whereby a successor activity is required to be delayed with…

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How To Calculate ETC When Variance Is Atypical

When we evaluate our project performance we need to also forecast how much more money is needed in this project and what could be the revised budget. Cost forecasts is a very important topic from PMP® exam point. Revised budget is nothing but EAC (Estimate At Completion) which will be different from initial planned numbers i.e. BAC (Budget at completion). EAC and ETC (Estimate To Complete) can be calculated in different ways depending on the reason of variations. In this…

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What is EAC & ETC and What are its Variants?

EAC (Estimate at Completion) and ETC (Estimate to Complete) are two important dimensions of Earned Value Management. Of late, I have received many questions on these two attributes in our discussion forum and especially on the variants of it. PMP®  certification aspirants have much confusion around this and also about which variant of formula can be used and when. In this blog, I am trying to unfold all these confusions along with formula selection points. Before I begin explaining EAC…

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How to Calculate ETC When Initial Estimate Were Erroneous?

When we evaluate our project performance, we need to also forecast how much more money is needed in this project and what could be the revised budget. Revised budget is nothing but EAC (Estimate at Completion) which will be different from initial planned numbers i.e. BAC (Budget at completion). EAC and ETC (Estimate to Complete) can be calculated in different ways depending on the reason of variations. In this blog, I am going to cover one of its variants that…

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