Egad! It is the Most Likely Schedule!
8 years 16 weeks agoMost Likely Schedule, what is it?
It is one of the questions asked more often in risk-based planning and scheduling (Related topic: Data Maturity, Quality and Project Integration). Project directors, managers, planners, and schedulers have to know what this term means.
Each time a scheduler tries to explain the concept, he easily gets lost in
Determine the longest path of a resource leveled schedule in P6
8 years 17 weeks agoUnfortunately when it comes to resources and resource leveling, P6 model is absolute. P6 doesn’t calculate the float correctly and the longest path will not be accurate since the late and early dates will not change after leveling.
Primavera P6 doesn’t take in consideration the new dates after the leveling in calculating the total float or the longest path, to illustrate further if we
The story behind the negative float in P6
8 years 17 weeks agoThe negative float is a very popular hot topic in the scheduling field and it’s generated when the late dates are less than the early dates and usually it’s accompanied with a delay in the project, and a lot of project management professionals think that the only reason for a negative float is because a constraint that has been used in the schedule. Although the first thing you look for when
Beyond Earned Value Management
8 years 18 weeks agoIf I asked you what the trickiest part of project management was for your enterprise, what would you say? If you answered managing the diverse projects in your portfolio – you’re not alone. Most businesses work on a variety of projects (whether it be different contract types, duration or dollar amounts) that can be categorized into four major tiers:
- Tier 1 – Projects
How do you put your project team in the zone?
8 years 18 weeks ago"Individual commitment to a group effort--that is what makes a team work, a company work, a society work, a civilization work." Vince Lombardi
When you hear about flow and being in the zone, you almost always associate that with sports. The performance improvement of an individual athlete or sports team is increasingly based on science and technology, along with the
How Baseline Dates are calculated in Primavera P6 for Earned Value Management
8 years 18 weeks agoPrimavera P6 give us an option to decide that Baseline date is equal to Planned date or Current date.
The main purpose of this option is for Earned Value calculation.
I’ll explain that option in this article.
We have a simple project containing 3 activities. Each activity is assigned resource A.
Standard Deviation for Project Managers
8 years 18 weeks agoStandard deviation is an abstract concept derived from observation rather than calculation or experimentation. The standard deviation (SD, also represented by the Greek letter sigma or σ) is a measure that is used to quantify the amount of variation or dispersion in a set of data values; and is expressed as a quantity defining how much the members of a group
Why Projects Fail
8 years 19 weeks agoWhy Projects Fail
-a primer on mass mismanagemnet
Statistics cite chronic and epidemic delay and overspend in the building industry is only getting worse over time. Naturally, the bigger the headache, the bigger the pill, and the Olympic Games are a horse pill. As the Games must go on, they make deadline, but average about 167% overspend. Alternatively, infrastructure
Effective Project Planning with Mind Map - Case Study
8 years 19 weeks agoMind Map is a graphical and pictorial illustration of the interrelated ideas for a common goal or objective. It truly makes its mark for empowering imagination to produce new theme of ideas. Mind Mapping drives people, with a multi-dimensional approach, to generate a consolidated and concentric solution to the problem. Mind mapping is a great tool to plan, gather ideas and generate a
