“…when faced with a difficult question, we often answer an easier one instead, usually without noticing the substitution.” Daniel Kahneman, Thinking, Fast and SlowIn the midst of the pandemic, we have and will continue to face numerous complex decis...
1. What is Delay Start-up Insurance (DSU)?Delay in start-up (DSU) cover is designed to secure the portion of revenue which the owner:Requires to service debt; andRealize anticipated profit.It provides protection against delays arising from physical d...
“If you can't describe what you are doing as a process, you don't know what you're doing.” W. Edwards DemingOur work and home lives our bounded by standard operating procedures and process—and too many of them stink. We all have encountered Byzantin...
Clearly defined tasks and responsibilities must be given to all project participants, in order to ensure the successful completion of the project.Even more so when a project counts a large number of participants, which makes it more demanding and dif...
Disciplined Agile® (DA) and the Scaled Agile Framework (SAFe®) are two popular, second-generation agile methodologies. They build on lean-agile thinking; and standard Scrum, Kanban, and DevOps practices. They offer practitioners tools to extend and ...
Frederick Winslow Taylor shaped the field of management science. He believed systematic and scientific methods could be applied to managing operations and production. His work inspired the formation of the Harvard Business School and the modern ass...
The project management plan (Plan) is a powerful tool. It describes how the project will be executed. It should be tailored based on the project’s context and needs. A good Plan reduces the likelihood of misunderstanding, conflict, and disappointme...
SummaryEnergy and mining projects are complex and mostly being executed in remote areas. Site accessibility, weather, uneven terrain, and mobility are the factors that make it more difficult to execute remote area projects. After asset acquisition an...
SummaryEnergy and mining projects are complex and mostly being executed in remote areas. Site accessibility, weather, uneven terrain, and mobility are the factors that make it more difficult to execute remote area projects. After asset acquisition an...
SummaryEnergy and mining projects are complex and mostly being executed in remote areas. Site accessibility, weather, uneven terrain, and mobility are the factors that make it more difficult to execute remote area projects. After asset acquisition ...
In this tutorial, I will show you 2 methods of displaying ordinal dates in a Primavera P6 schedule, the first method uses Microsoft Excel and the second uses Global Change facility in P6. Ordinal dates schedules are usually required when a project do...
There are many tools to help project teams manage their work, collaborate, and track performance. The number of options is overwhelming—Capterra has published over 900-project management tool reviews. I teach project management classes and am often ...
Sometimes during tender or bid submission for a project, the client might not provide a Project start date and bidders would be required to show ordinal dates in the Gantt chart timeline and calendar days in the start and finish dates columns, so tha...
By default, Microsoft Project does not have a baseline percent (%) complete field or column like you would find in other scheduling software like Primavera P6.This video outlines steps to follow if you want to display a baseline percent (%) complete ...
Productivity is defined as our ability to create value. Traditionally manufacturers and farmers became more productive by adding resources—people and machines—to the process. Knowledge workers can generate more value by working smarter, rather than...
Feedback is a critical and valuable management tool. For managers, it is the engine of continuous improvement. For employees, it is the gift of valuable insight. Unfortunately, many managers feel uncomfortable giving regular feedback, which depri...
PLeae find the below Youtube link for the video how to prepare color bands of WBS in excel with one clickhttps://youtu.be/1jByS22FXJY
Agile is a mindset described by a set of values and principles. It traces its roots to Lean, which is also foundational to other modern management theories. Lean’s primary focus is delivering value quickly and eliminating waste. Toyota was a Lean ...
Agile was initially conceived to deliver software projects more quickly. We have now learned to apply these principles and practices well beyond technology. Leading enterprises are now focusing on business agility—building the organizational capabi...
Are you at a point in your life where you are thinking what kind of job is best for you? You might be considering a few options but you are unable to decide what type of career path would be most suitable for you. My suggestion would be to go for a c...