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Purchasing managers' indexes (PMI) are economic indicators derived from monthly surveys of private sector companies. They measure the performance of the manufacturing and services sectors based on five sub-indices: new orders, output, employment, inventories and suppliers' delivery times.
Pointwise mutual information (PMI) is a measure of association between two events or variables. It can be normalized to range from -1 to 1 and has various applications in statistics, probability and information theory.
Learn the definition, calculation and history of point of total assumption (PTA), a concept in project management and contracting. PTA is the point where the seller bears all the costs of a cost overrun and the buyer pays the ceiling price.
PMI tax deduction calculation example. To calculate your savings, you’ll multiply your claimed deduction (amount of deduction you are able to deduct above standard deduction) by your income tax ...
Here’s a look at how PMI might play out based on how much you put down, according to the Freddie Mac mortgage insurance calculator and the Bankrate mortgage calculator. These examples assume a ...
PERT (program evaluation and review technique) is a method of analyzing and representing the tasks involved in completing a project, especially the time needed to complete each task. It incorporates uncertainty by making it possible to schedule a project while not knowing precisely the details and durations of all the activities.
Earned value management (EVM) is a project management technique for measuring project performance and progress in an objective manner. It combines measurements of scope, time, and costs, and provides forecasts of project problems and success.
Learn about the project management triangle, a model of the constraints of project management: time, cost and scope. Find out how to balance these constraints, use different approaches and tools, and see examples and references.