Assurance for high risk projects
8 years 23 weeks agoWhy 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 to transform an organisation. In fact they are almost mandatory if an organisation is going to leap-frog its competitors and gain a
The Project Manager and the Scrum Master Should be Friends
8 years 23 weeks agoThere is a debate in the Agile community regarding the role of the project manager and the scrum master. These discussions remind me of a song from the musical, Oklahoma. Rather than drawing on the commonalities and shared mission of the roles, the focus seems to be on what separates them.
The farmer and the cowman should be friends, Territory
How to make a labor, equipment mobilization plan in Primavera P6
8 years 24 weeks agoIn a project plan beside the Start and Finish date of activity, we also need to know When we need resource, and How many resource we need.
I will show you how to do it.
We have a simple project with 3 activities and is assigned resource as follow:
- Activity A : 10 worker and 1 Crane
- Activity B : 5 worker and 2 Crane
- Activity C : 20 worker
The Butterfly Effect and How It Will Impact Your Project
8 years 27 weeks agoPreviously, 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
How to perform Impacted As-Planned Delay Analysis in Primavera P6
8 years 27 weeks agoThe 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
8 years 28 weeks agoFail 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,
Planning, Scheduling, and Safety
8 years 28 weeks agoAll 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
Perform PERT (Program Evaluation Review Technique) Analysis Manually on Schedule
8 years 28 weeks agoOne – 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 uncertainty associated with schedule or cost estimation. Therefore, Three-point (3) estimation is preferred for activity duration (schedule) and cost
Project control – A Technique and Approach
8 years 28 weeks agoProject 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 be produced and actualized. Stick to Demining cycle, for getting better results from Project control, as shown beneath:
Risk relativity
8 years 29 weeks agoFor 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
