Demystifying PMBOK® Guide Math - Part 1
This webinar is Part I of a two-part series that is aimed at breaking down the computational content of the PMBOK® Guide and making it more understandable, as well as applicable to the real world. Students will learn about the practical application of such concepts as communication channels and decision trees. The use of incentive contracts to spread risk and balance procurements will be discussed. Estimating challenges and the use of techniques such as ranges and levels of confidence will be addressed. Important time management nuances and the critical path will also be covered. The session’s final slide is a one-page comprehensive PMBOK® Guide formula summary sheet.
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