Why do so many governing bodies allow their organisations to embark on high risk projects without insisting on a robust, independent assurance function?There is nothing wrong with embarking on a high-risk, high-reward project that has the potential t...
It is inspirational to hear words that rhyme where a line and a stanza impart a meaning using the song-like attributes of the articulated statements. The command of a poem makes one remember. It helped some University students recall difficult formul...
One benchmarking article mentioned an IPA study presented in the March 2010 annual meeting of the Industry Benchmarking Consortium (IPA, 2010) on how frequently small, site-based projects fail to meet objectives. A study divided the projects into two...
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...
EXPERIENCE REQUIREMENT The provision of an Experience Profile to show ~ 1 years of work relevant the the Credential (i.e. about 2,000 hours). Project Controls (as opposed to Planning or Cost or Claims) applicants will need to demonstrate an appropri...
EXPERIENCE REQUIREMENT An Experience Profile to show ~ 5 years of work relevant the the Credential (i.e. about 10,000 hours). Project Controls (as opposed to Planning or Cost or Claims) applicants will need to demonstrate an appropriate spread of wo...
EXPERIENCE REQUIREMENT An Experience Profile to show ~ 8 years of work relevant the the Credential (i.e. about 16,000 hours). Project Controls (as opposed to Planning or Cost or Claims) applicants will need to demonstrate an appropriate spread of wo...
EXPERIENCE REQUIREMENT An Experience Profile to show ~ 8 years of work relevant the the Credential (i.e. about 16,000 hours) with a minimum of ~2 years (4,000 hours) in a supervisory or managerial position. Project Controls (as opposed to Planning or...
EXPERIENCE REQUIREMENT An Experience Profile to show ~ 15 years of work relevant the the Credential (i.e. about 35,000 hours) with a minimum of ~7 years (14,000 hours) in a managerial, leadership or academic position. Project Controls (as opposed to ...
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...
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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...
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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...