Saturday, October 27, 2007

Project Selection Methods Key Terms - Payback Period

In PMP, the term "Payback Period" means:

  • The time period it takes to recover your investment in the project before the company starts to accumulate profit.

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Recommended Books on PMP

Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)