Guild of Project Controls: Compendium | Roles | Assessment | Certifications | Membership

Project task durations

9 years 46 weeks ago

 

Probably the most common action undertaken by project planners everywhere is assigning a duration to a task; most of us do this almost automatically. Generally it is only when a dispute arises that the complex interaction of the factors discussed involved in setting the duration come into play.

There is no universal answer to the question of what is the ‘correct’ way to

Read more...
 

Why Things Don’t Add Up

9 years 46 weeks ago

Last time we learned about Continuous Distributions and how they are described by the Frequency Function.  I also promised to save us from the infinitesimal probabilities represented in the Frequency Function. 

The answer is the Cumulative Distribution Function (CDF), which is merely the area under the frequency function curve to the left of a

Read more...
 

Distributed -v- Consolidated Contingencies

9 years 46 weeks ago

Distributed contingencies are normal in most aspects of project management but often result in sub-optimal use of resources. Typical examples include allowing some safety margin in each CPM duration estimate (eg, setting the durations at an 80% probability), allowing contingencies on a project by project basis for risk, setting budgets with a 90% confidence limit, etc.

A better approach

Read more...
 
project risk

Scheduling For Effect

9 years 50 weeks ago

As the end of 2012 approches, and assuming the world won't end of the 12/12/12 I have a few thoughts for every scheduler’s New Year resolutions.

  1. You can’t change the past, the present is being managed by the project workforce, the only thing you can influence with your schedules is the future. To achieve this, the schedule needs to be an
Read more...
 

My Project Is Making No Progress!

9 years 51 weeks ago

I had a situation recently where a client stated that despite his people working as fast and seemingly efficiently as they could, he was seeing next to no progress reflected in his performance reporting, his end date was pushing out, his efficiency was down, people were asking questions.

Now, it's not uncommon to see under staffed or under resourced projects falling

Read more...
 

The CPI Stability Myth

10 years 3 days ago

Undoubtedly the longest running ‘urban myth’ in circulation within the general project management community, arising from US Defence based research from the early 1990s, that the Cost Performance Index (CPI) always stabilizes at the 20% completion and the final outcome will be within 10% of this value and usually worse. This myth has been extended by some authors to all projects in all

Read more...
 
EVM, CPI, ES, EV

"The Project Must Be Finished On This Date - Or Else!"

10 years 6 days ago

These are words of desperation, a client or senior manager who's got his back to the wall.

I was faced with this exact situation on a consulting job a few weeks back, the business owner, facing heavy penalties for late delivery was desperate for answers and didn't know a better way to react.

Unfortunately, what he hoped were a matter of weeks to completion, in

Read more...
 

A though on PMOs and Project Controls

10 years 2 weeks ago

The quality guru W. Edwards Deming said ‘In God we trust, all other bring data’. However, developments in the Victorian Government health system (Australia) offer a salient reminder to any PMO manager on the value of data.

Victorian hospitals are rewarded for good performance and fined for poor performance. One measure being the length of waiting lists

Read more...
 

Good Planner - The foundation

10 years 2 weeks ago

It is failry common to come across lots of people in planning who are actively engaged in planning but have never visited or worked on the site. This is deeply disturbing. It also applies to other industries as well as you must have noticed. Well, in any case, I belong to the Construction industry and have come across a number of people, at all levels, who may have walked into the construction

Read more...
 

Let Us start Planning

10 years 3 weeks ago

A long time back, late Seventies to early Eighties, it was quite a fun to prepare Plans and programmes for Projects. It used to be challenging, creative effort involving lots of hard work but quite satisfying and enjoyable. This went on for quite sometime and this area generally there was no intrusion. Gradually I have seen intrusion in this space by others to the extent that there is no more

Read more...
 

Market Place

Primavera P6 and Microsoft Project books, on-line video training courses and training material available from an internationally recognised publisher and PMI accredited REP. Teach yourself using on-line or book based learning or run your own in-house or public PMI accredited courses.