Difference between Fixed Cost and Direct Cost

Difference Between Fixed Cost & DIrect Cost For PMP Exam

Several PMP exam questions focus on the difference between Fixed Cost, Direct Cost, Indirect Cost & Variable Cost. These questions come from Cost Management knowledge area, but are also covered in Scope Management and Procurement Management. Unfortunately the PMBOK Guide does not provide any detailed information on these cost types and their definitions. Thus, most … Read more

How To Get PMP Certification in Just 30 Days

Most people don’t have a lot of time to study and many want to get the PMP certificate in a jiffy. The PMP exam is not considered the easiest exam. But with the right strategy, a good PMP study plan, dedicated study each day, followed by practice questions can make you ready for the exam … Read more

3 Things You Need to Know About Projects and Operations

One of the PMChamp’s Online PMP Coaching Program student, Joyes asked me this question about Project Work and Operational Work recently, “As part of various job roles, a recurring routine work can be done which can be unique, have start and end date and can have a unique result. For example a software developer can … Read more

Best Resources for PMP Exam (Free & Paid)

Most people ask me about the best resources for preparing for the PMP Exam. They ask for PMP websites, online PMP preparation courses, PMP books, Forums to ask PMP related questions, and Question Banks among other things. So I decided to compile a detailed PMP Resource Guide for your benefit. Use these resources to prepare … Read more