Planning, Scheduling, and Safety
7 years 51 weeks agoAll of us have seen the aftermath of those who defied the traffic sign “Drive slowly! Do not exceed the speed limits" or "Slow down, dangerous curve."
As you drive on the highway, you begin to recognize that many drivers just ignore the speed limit and drive 10, 20, or sometimes 30 kilometers per hour over the limit.
Everyone knows that speed kills, and seeing someone
Perform PERT (Program Evaluation Review Technique) Analysis Manually on Schedule
7 years 51 weeks agoOne – Point estimation reflects one value per activity. It is based on expert judgment, experience, expert opinion or historical information. Fear of padding is always a major concern with one-point estimation. Also, it does not reflect risk or uncertainty associated with schedule or cost estimation. Therefore, Three-point (3) estimation is preferred for activity duration (schedule) and cost
Project control – A Technique and Approach
7 years 51 weeks agoProject control provides the systematic pathway for monitoring, analyzing forecasting and controlling the projects. Project control is a proactive approach rather reactive. Similar to other project management components, Project control plan ought to be produced and actualized. Stick to Demining cycle, for getting better results from Project control, as shown beneath:
Risk relativity
8 years 13 hours agoFor a thief, a good security system is a threat. To a security guard, that same system is an opportunity to lessen the risk of robbery and to increase the chance of catching the thieves.
A person’s perspective depends on which side of the fence he is sitting on. With that in mind, a risk can be a threat or an opportunity. Your business sees a threat and your competitor sees an
Black Swans
8 years 14 hours agoBlack swan events are so fascinating that they are a common source of discussion in many risk management forums. The variety of perspectives coming from all directions never ceases to amaze. Understanding black swans can help planning and professionals appreciates planning risks, perhaps make a more intelligent forecast.
To a risk manager, 'black swan' phenomena are highly unlikely
There’s a Tool for That! Why Project Delivery System Implementations Fail.
8 years 2 days agoWhy is it that many organisations look to solve problems by finding a new program/tool without looking at the fundamentals of the problems they are trying to solve? I’ve been at the forefront of many Project Delivery and Project Controls program implementations and there are some very good tools out in the marketplace. However from experience it is rare to see one that has been
Risk Register with Dashboard for Risk Communication
8 years 2 days agoRisk communication is required and crucial to keeping Stakeholders in the loop regarding project health and progress. It is arduous to please higher management and other Key Stakeholders by communicating nebulous (vague) project Risk status.
Lack of communication is a top most factor that contributes to Risk growth. Wordy, pointless and lengthy power point presentations make no
The Power To Save A Life
8 years 3 days agoAs we discussed last time, the resource-loaded schedule represents a project manager’s most valuable tool for understanding and controlling the time and money requirements on any given project. With a continued focus on schedule importance, this article seeks to understand the correlation between schedule pressure and safety performance. More specifically, does a protracted or compressed
10 reasons your project is behind schedule
8 years 2 weeks agoUnfortunately many construction projects are completed late. Invariably this negatively impacts the contractor’s reputation and costs both the contractor and their customer money. Often the contractor has to pay penalties for finishing late and they incur additional costs to remain longer on the project. The customer receives access to their facility late and usually faces additional costs for
