This is our 40th post in our new learning series: PMP Concepts

Each post within this series will present a comparison of common concepts that appear on the PMP and CAPM exams.

Schedule Variance versus Schedule Performance Index

Schedule variance (SV) and schedule performance index (SPI) are two earned value calculations that provide a measurement of project progress against the project schedule baseline.

This is our 38th post in our new learning series: PMP Concepts

Each post within this series will present a comparison of common concepts that appear on the PMP and CAPM exams.

Corrective versus Preventive Actions versus Defect Repairs

Other than scope changes, change requests may include corrective actions, preventive actions, and defect repairs.

While changes to the project scope, if significant, may update the project baselines (scope, schedule, and cost performance), corrective actions, preventive actions, and defect repairs should not be used to justify a baseline change.

This is our 36th post in our new learning series: PMP Concepts

Each post within this series will present a comparison of common concepts that appear on the PMP and CAPM exams.

Develop versus Manage the Project Team

There are four processes in the human resources knowledge area: develop human resource plan, acquire project team, develop project team, and manage project team. While developing the human resource plan and acquiring the project team are straightforward, it may not be as intuitive to know the differences between developing and managing the project team.

This is our 34th post in our new learning series: PMP Concepts

Each post within this series will present a comparison of common concepts that appear on the PMP and CAPM exams.

Fixed Price Contracts

Fixed price contracts involve a fixed total price for the product and may also include incentives for meeting or exceeding selected project objectives. The simplest form of a fixed price contract is a purchase order.