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2. Equivalent annual cost - Wikipedia

   en.wikipedia.org/wiki/Equivalent_annual_cost

   Alternatively, EAC can be obtained by multiplying the NPV of the project by the "loan repayment factor". EAC is often used as a decision-making tool in capital budgeting when comparing investment projects of unequal lifespans. However, the projects being compared must have equal risk: otherwise, EAC must not be used. [1]

3. Point of total assumption - Wikipedia

   en.wikipedia.org/wiki/Point_of_total_assumption

   Calculation of Point of Total assumption (the case when EAC exceeds PTA that should be treated as a risk trigger, is shown) The point of total assumption (PTA) is a point on the cost line of the profit-cost curve determined by the contract elements associated with a fixed price plus incentive-Firm Target (FPI) contract above which the seller effectively bears all the costs of a cost overrun.

4. Project Management Professional - Wikipedia

   en.wikipedia.org/wiki/Project_Management...

   The exam consists of 180 multiple-choice questions written against the PMBOK specification and the PMP Code of Ethics. The exam is closed-book; no reference materials are allowed. Five of the 180 questions on the exam are "sample" questions used to fine-tune the degree of difficulty and precision of the exam and as such are not counted for or ...

5. Project Management Body of Knowledge - Wikipedia

   en.wikipedia.org/wiki/Project_Management_Body_of...

   'Good practice' means there is a general agreement that the application of the knowledge, skills, tools, and techniques can enhance the chance of success over many projects." [ 9 ] This means that sometimes the "latest" project management trends, often promoted by consultants, may not be part of the latest version of The PMBOK Guide .

6. Earned value management - Wikipedia

   en.wikipedia.org/wiki/Earned_value_management

   According to the PMBOK (7th edition) by the Project Management Institute (PMI), Estimate at completion (EAC) is the "expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete." [19] EAC is the manager's projection of total cost of the project at completion.

7. Project management triangle - Wikipedia

   en.wikipedia.org/wiki/Project_management_triangle

   In practice, however, trading between constraints is not always possible. For example, throwing money (and people) at a fully staffed project can slow it down. [5] Moreover, in poorly run projects it is often impossible to improve budget, schedule or scope without adversely affecting quality.