Time Equals Money
8 years 42 weeks agoWe have all been told that time equals money. Even, time is money. But what does any of that truly mean? Time and money separately are highly debatable subjects. The combination of the two can certainly be a conundrum. However, it is this author’s belief that in construction, this may as well be a law of the universe. Consider this. He or she who controls the schedule of the project
What you need to know to close-out your construction project successfully
8 years 43 weeks agoMany construction projects are financially successful until the end, when costs suddenly spiral out of control. The main reason for the additional costs is because the project isn’t completed on time. When I say completed, I don’t just mean handed over, I mean one hundred percent finished.
I’ve visited projects long after they have been completed, yet the contractor’s offices and workers
Detect changes made to calendars between two projects in P6
8 years 44 weeks agoThe Claim digger or Schedule Comparison is a widely used tool in P6 to compare between two projects and detect the differences.
One of the main shortage of the Claim Digger or the Schedule Comparison tool is detecting the changes in calendars.
The tool will not detect any revisions in calendars working hours or changing from Project to Global calendar if both have the same
Time: Conserving the Precious Resource
8 years 45 weeks agoTime is the dominant constraint on all projects. There is a constant race against the clock. Many projects have fixed completion dates determined by external forces. Projects that fall behind schedule, struggle to catch up. I have never met a project manager who said there was too much time.
"Time is also a unique resource. One cannot rent, hire, buy,
Egad! It is the Most Likely Schedule!
8 years 45 weeks agoMost Likely Schedule, what is it?
It is one of the questions asked more often in risk-based planning and scheduling (Related topic: Data Maturity, Quality and Project Integration). Project directors, managers, planners, and schedulers have to know what this term means.
Each time a scheduler tries to explain the concept, he easily gets lost in
Determine the longest path of a resource leveled schedule in P6
8 years 46 weeks agoUnfortunately when it comes to resources and resource leveling, P6 model is absolute. P6 doesn’t calculate the float correctly and the longest path will not be accurate since the late and early dates will not change after leveling.
Primavera P6 doesn’t take in consideration the new dates after the leveling in calculating the total float or the longest path, to illustrate further if we
The story behind the negative float in P6
8 years 46 weeks agoThe negative float is a very popular hot topic in the scheduling field and it’s generated when the late dates are less than the early dates and usually it’s accompanied with a delay in the project, and a lot of project management professionals think that the only reason for a negative float is because a constraint that has been used in the schedule. Although the first thing you look for when
Beyond Earned Value Management
8 years 47 weeks agoIf I asked you what the trickiest part of project management was for your enterprise, what would you say? If you answered managing the diverse projects in your portfolio – you’re not alone. Most businesses work on a variety of projects (whether it be different contract types, duration or dollar amounts) that can be categorized into four major tiers:
- Tier 1 – Projects
