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18 Feb 2022 Project Controls News

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Dear Planning Planet Member,

Join the Global Community... did you know that this newesletter goes to the largest community of project controls professionals on planet earth!  

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WHY EVEN THE MOST EXPERIENCED PLANNERS SOMETIMES GET IT WRONG

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Estimating the time, duration and cost of an activity is a task that  maintenance planners need to repeat every day. 

However, we all know that estimation is extremely difficult, especially when it comes to the complexity associated with industrial turnarounds and maintenance.

But there is more to it than complexity. There is a little known phenomenon that can dramatically skew the judgement of even the most experienced planner.

We tested this phenomenon during one of our iPlan training courses with 2 groups of seasoned planning professionals, asking them to estimate something WAY outside their comfort zone.

Group 1 was asked: Was Gandhi older or younger than 35 when he died?

Group two were asked: Was Gandhi older or younger than 114 when he died? 

  • Group 1 guessed on average 50 years.
  • Group 2 guessed on average 81 years.

The actual answer is 78. Do you know why there was such a difference? 

Click here to find out.

LESSONS LEARNED FROM IMPLEMENTING GLOBAL PROJECT CONTROLS FOR 30 YEARS

Webinar

A conversation with Richard van Tricht: Lessons learned from implementing global Project Controls for 30 years

Join us at this webcast on February 23 as we discuss the best practices in Project Controls.

Why project controllers and boards need to understand the growing integrated project controls landscape, how to best streamline processes for it, and who should be involved.

As a Shell accredited Project Services Manager and a Technical Authority in all PSM disciplines, Richard van Tricht has managed hundreds of complex projects. From his point of serving the entire spectrum of project cost management for the last 30 years, Richard has seen firsthand how challenging it can get for people, processes, and tools to work together. Without the right digital integrations, projects can fail over and over again to meet the growing needs of today.

In this webcast, Richard will speak about his project controls experience and vision with Elmer Sachteleben, a Senior Cost Engineer CCE who leads Cost Engineering Academy.

Join this conversation with Richard and Elmer to explore -

  • A strategic vision for project controls
  • Lessons learned during the years spent at the major owner and EPC companies
  • The impact of data, tools, people, and processes on project success
  • The best practices adopted and the ways of working in the digital era
  • Case: A recent offshore monotower investment
  • The reasons to join Cleopatra Enterprise

Featured Speakers

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Richard van Tricht
Business Strategy & Alliance Manager at Cleopatra Enterprise

Elmer Sachteleben
Director of Cost Engineering Academy

Richard has been in business with major industrial companies for almost 30 years. During that time, he worked as Project & Business Services Manager in the Engineering, Maintenance, and Project Delivery departments providing the full range of services required with his team: Estimating, Cost Control, Quantity Surveying, Planning, Information Management, Document Control, SAP support & Business Administration.

Furthermore, as Contract Manager & Holder, Richard participated in portfolio contracting strategies and major integrated service contract tenders, implementation, and contract execution.

Now working as the Business Strategy & Alliance Manager for Cleopatra Enterprise and Cost Engineering Consultancy, Richard provides his services to pursue company development plans and growth ambitions. He builds partnerships to strengthen the global presence for software and consultancy services. Also, as a former client representative, Richard is a great source of knowledge for both existing and new clients.

 

Elmer is an experienced Certified Cost Engineer (CCE) holding an MSC in applied physics. After providing consultancy services to major companies, Elmer now leads Cost Engineering Academy.

He applies his broad experience and enthusiasm to provide traineeships, develop courses and organize workshops in the field of project controls and turnarounds. He is also a teacher at the Dutch Association of Cost Engineers (DACE) and a frequent speaker at industry events.

Elmer has provided consulting services in process assessment, development, and implementation to major multinational companies such as Shell, Unilever, Bayer, Cargill, CB&I, Mott MacDonald, Heineken, Vopak, Enbridge, Yara, and Rijkswaterstaat.

2022 CONSTRUCTION CPM CONFERENCE AT-A-GLANCE

Our second Q&A Zoom Day is set for Monday February 21st. We have new content posted to the CCC22 virtual page at  and will have eight (maybe nine) speakers to field questions for a half hour each starting at 11am EST (3pm PST.)  See Zoom QA... 

ARES PRISM JUST RELEASED A NEW CHALLENGES & SOLUTIONS VIDEO SERIES!

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ARES PRISM just released a new Challenges & Solutions video series! This first how-to video shares how to use report batches and how to produce individual reports customized for several different projects with one click. Take a look - here

UNDERSTANING ORACLE PRIMAVERA P6 DURATION TYPE CALCULATIONS

The P6 Duration Type works in conjunction with options set in the User PreferencesCalculationsResource Assignments tab and becomes effective after a resource has been assigned to an activity.

The aim of this paper is to explain how the P6 Duration Type and the options set in the User PreferencesCalculationsResource Assignments tab affect the resource assignment process and task resource calculations. 

These options are useful to understand so when you change the duration of an activity you know if the crew size will remain the same if the work assigned to an activity will remain the same, click on this link to read the paper>>>.

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Accelerate your understanding of scheduling software to advance your scheduling career.  Be able to prepare better schedules with Eastwood Harris books, online videos available through Udemy and training material on:

  • Microsoft Project,
  • Oracle Primavera P6, and
  • Elecosoft (Asta) Powerproject

Details at Eastwood Harris  Paul E Harris,  Director Eastwood Harris Pty Ltd

THE ANATOMY OF MORE PROFITABLE PROJECTS: LEVERAGING DATA TO MAXIMIZE ROI

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Among the most fundamental challenges facing businesses today is ensuring profitability is not only sustained but also grows with time. Project-driven organizations are faced with choices that, if made incorrectly, could be devastating to their bottom line or even solvency. The question then becomes how to consistently make the right strategic AND tactical decisions to guarantee project ROI and positive business outcomes. Join us as we explore a full-lifecycle approach to ensuring your data provides the transparency needed for success across all projects.  Read more...

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Visit our website to discover how an Enterprise Project Performance Solution can help maximizes project owners’ investment returns.
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Read our Blog Post: Written by Jean-Luc Ozoux, Senior Industry Consultant for Hexagon’s PPM division. Learn how Schedule and Cost Management can work together.

"PROVEN PRACTITIONER" A PLANNING PLANET PRODUCT

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Do you seek PROMOTION or do you want to better UNDERSTAND YOUR Stengths and SKILLS (in private) or do you seek that NEW ROLE?

Proven Practitioner provides... 

ALL THE TOOLS YOU NEED

Go to Premium and sign up!  

ALTERNATIVE TO PRIMAVERA AND ASTA?

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A superior alternative to the "most popular" software for us as planners?

Spider Project

Spider Project offers numerous unique functional features and is the only PM software that optimizes resource, cost, and material constrained schedules and budgets for projects and portfolios. 

Check it out here...  Ask questions here...

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Build your network and keep up to date by following us on social media, just click the icons to get started.

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FREE WEBINAR: ENHANCING THE PRIMAVERA SOFTWARE ENVIRONMENT WITH INNOVATIVE TOOLS

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ScheduleReader and ScheduleCleaner are two unique, innovative products that complement the Primavera P6 software environment and help project-oriented companies to:
  • Optimise project operations
  • Save schedulers time
  • Improve project communication

The event is scheduled for two dates:

Wednesday, 9 March 2022, 10:00 – 11:00AM GMT – Register Here

Thursday, 17 March 2022, 10:00 – 11:00 AM GMT – Register Here

Register for this free, online webinar organized at one of the two scheduled dates and learn how these two new software products enhance the P6 project environment and how they can help you to get projects done on time and within budget!

Additional information about this event is also available at the ScheduleReader website.

PRIMAVERA P6 EPPM VS P6 PPM – WHAT ARE THE DIFFERENCES?

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Organizations that are interested in using Primavera P6 to help streamline and make their project planning and execution efficient are tasked with the challenge to determine which Primavera product is the most feasible to implement.

Knowing what options are available and understanding the primary differences between Primavera P6 PPM and EPPM is critical before deciding on which product to implement company-wide.

The following article investigates the differences between the two applications, as well as compares some similarities. 

Read the article.

AFTER 2 YEARS EVA RETURNS FOR AN IN-PERSON EVENT

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ARE YOU TAKING FULL ADVANTAGE OF PLANNING PLANET?

 
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Regards... The Planning Planet Team

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