Advanced Stakeholder Modeling
4 years 35 weeks ago
No matter your role, you are accountable to someone. As we ascend the organizational ladder, stakeholder management becomes an increasingly more critical skill.
Stakeholder management is the ongoing process of identifying, evaluating, and engaging the people who are critical to our success. Stakeholders are broadly defined as anyone
Budgeting Continuous Improvements and Process Estimating
4 years 36 weeks ago1. Problem or Opportunity Statement
WBS Dictionary
4 years 37 weeks agoConsidering How We Think
4 years 40 weeks agoWe are living in interesting times. All countries are struggling to control the COVID-19 pandemic. Societies are challenging their histories of racial and social injustice. Fundamental beliefs are being scrutinized. Considering how we think and understanding our cognitive biases will be essential as we adjust to this “new normal.”
What we
Considering How We Think
4 years 40 weeks agoWe are living in interesting times. All countries are struggling to control the COVID-19 pandemic. Societies are challenging their histories of racial and social injustice. Fundamental beliefs are being scrutinized. Considering how we think and understanding our cognitive biases will be essential as we adjust to this “new normal.”
What we
A Practical approach to Baseline Programme Maintenance (Revised Baseline) under a NEC ECC Framework Contract
4 years 41 weeks agoA Practical approach to Baseline Programme Maintenance (Revised Baseline) under a NEC ECC Framework Contract
Introduction
This article aims to discuss the concept of the ‘Accepted Programme’ in the Engineering and Construction Contract (ECC) and the New Engineering Contract (NEC) suite in general and its relationship to the baseline
Create Value: Map the Value Stream
4 years 45 weeks ago“If you can't describe what you are doing as a process, you don't know what you're doing.” W. Edwards Deming
Our work and home lives our bounded by standard operating procedures and process—and too many of them stink. We all have encountered
Delay Start-up Insurance to cover Anticipated Profit, Revenue in a Delayed Project
4 years 45 weeks ago1. 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; and
- Realize anticipated profit.
It provides protection against delays arising from physical damage caused by any type of peril included in the relevant
Making Complex Decision
4 years 49 weeks ago“…when faced with a difficult question, we often answer an easier one instead, usually without noticing the substitution.” Daniel Kahneman, Thinking, Fast and Slow
In the midst of the pandemic, we have and will continue to face numerous
