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Project selection is a self-contained topic, and it is one that rewards careful arithmetic. This short course zooms in on the economic models used to decide which projects to fund, so it suits a candidate who wants to close one specific gap rather than revisit the whole framework. The topic is relevant to both the PMP and CAPM exams.
Each concept is illustrated with worked examples, and a mini-quiz and a practice exam at the end test whether the methods have stuck. Working through the examples by hand, rather than only watching them, is the fastest way to see where the models give different answers.
In this course, our aim is to teach you the Project Selection Method which is needed both for PMP® and CAPM® exams. We will especially concentrate on the economic models like the Internal Rate of Return, Payback Period, Cost Benefit Analyisis, Present Value and Net Present Value.
After completing all of the lectures, you will be able to claim 1 PDU.
In the course, there are lots of examples so that you understand all the concepts very easily. At the end of the course, there is a mini-quiz and a Practice Exam. By solving these questions, you will be able to solidify your knowledge about the Project Selection Methods concept.
This course includes:
Internal Rate of Return
Payback Period
Cost Benefit Analysis
Present Value
Net Present Value
Accounting Terms To Know
Disclaimer: PMI, PMBOK, PMP and CAPM are registered trademarks of Project Management Institute
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