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And not only that, if they donât have that work experience, all they need to do to qualify for the CAPM is to have 23 hours of project management training. To apply, this would mean coursework or for-credit courses; self-study does not apply in this case.
Project Management Metrics #1: Schedule and Effort/Cost Variance. The goal of this metric is to measure the performance as well as progress of the project against signed baselines. This metric is very important and is the base for profitability of project. The EVM (Earned Value Management) concept, as defined by PMI standard PMBOK, is the commonly used method to track this metric.