CPM Resource & Cost Loading Requires Inside KnowledgeLike construction project management, CPM Resource & Cost Loading is a science in which the best practitioners have administrative, as well as practical and theoretical skills specific to the indus...
As 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 arti...
Risk 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 c...
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 imp...
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 professiona...
Project 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...
One – 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 uncer...
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 dela...
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...
If ‘two heads are better than one’ why do so many committees make bad decisions?[[wysiwyg_imageupload:4284:]]Good group decision-making involves an open discussion among members of a group, each with their own skills, experience, ideas and informatio...
“I don’t know” are three words that most people dread saying. The need to know the answer has followed us from school into the working world. We are loath to admit ignorance. I have seen colleagues twist themselves into a pretzel inventing an ans...
Interactive Planning (IAP) is a methodology used by projects to engage important stakeholders and subject matter experts in a facilitated workshop setting.The engagement process is through collaborative discussion of project plan and strategy to deve...
In Finish to Start relationship, Primavera calculate Early and Late date base on 2 processForward Pass (to calculate Early Start and Early Finish)Backward Pass (to calculate Late Start and Late Finish) In Backward Pass, the Late Start of successor (A...
In Primavera when we show Resource Usage Profile or Activity Usage Profile, the max value in Y-Axis is determined by software. And we may wonder how is it determined.I will explain in this article.First, it depend on what is your Timescale. It is by ...
A good understanding of diversity risk must be part of planning. The world is laden with so many cultures. Mixtures of these various norms creates a new norm that must be considered seriously.If we look in the past, multiculturalism has a long and wi...
There has been a tectonic shift in how software is developed. Terms like Agile, CI/CD, DevOps, BDD, and TDD are new additions to the IT vocabulary. These new practices and related tools promise to significantly reduce the time and effort required to...
Is this you?You’re stretched across too many projects.Not only that, but you’re frustrated that there are quite a few projects in the company that seem to have little benefit, and yet they just drift on.Worse still, these projects tie up precious tim...
So much hinges on the project schedule, yet so few team members contribute to it. Whatsmore, they typically don’t care about critical paths, constraints and other building blocks; they just want to know “what, where and when.” We’re overdue for conse...
My best friend and I meet up once every year and we invariably end up chatting about our mutual passion for project planning. His view is a little extreme but one with enough merit to warrant discussion: “Ban activities and tasks from scheduling tool...
Project planning is all about figuring out when we are going to finish our project and how much is it going to cost. We typically start with a fixed start date and then figure out what the end date and associated cost may be.Why then, when planning o...