Blogs

The Butterfly Effect and How It Will Impact Your Project

Previously, we have discussed how schedule pressure and various schedule compression techniques may manifest themselves unpredictably and with adverse effect on the project. When pondering this correlation it might be comforting to recall the age old adage of, “haste makes waste”; my grandfather would always postulate. He would know. As a mechanical engineer working on high risk projects including the NASA Space Shuttle, to him it was important that it be done right the first time and every time. This precluded cutting corners to save time, especially with lives at stake.

How to perform Impacted As-Planned Delay Analysis in Primavera P6

The Impacted As-Planned method measures the impact of the delays on the as-planned schedule. The delays are formulated as activities and added to the as-planned schedule showing the effect of each delay and demonstrating how the project is being delayed. The amount of delay equals the difference in completion dates between the schedules before and after the impacts.

Failing Fast-For the Rest of Us

Fail fastentered the business lexicon from the high-tech sector.  It has become a powerful buzzword and has ignited a small movement. FailCon offers a series of global conferences for entrepreneurs to study their failures “to prepare for success.” 

Failure is not the goal.Failure abounds.  More than 90% of start-ups fail to meet their financial goals. On average, 30% of software projects are canceled and another 50% fail to meet expectations.

Planning, Scheduling, and Safety

All 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 traveling above the limit makes us question how any intelligent person can commit such a reckless act. It is one of the number one ways to cause or get into a car accident. 

Risk relativity

For 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 opportunity. It is as simple as that. 

Black Swans

Black 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.

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There’s a Tool for That! Why Project Delivery System Implementations Fail.

Why 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 implemented fully and successfully to its full capabilities.  Surely, with the quality of programs and resources out in the marketplace it should be a simple matter to implement a new tool within an