Predicting the Future

6 years 5 weeks ago

Only fools and the bankers who created the GFC think the future is absolutely predictable. The rest of know there is always a degree of uncertainty in any prediction about what may happen at some point in the future. The key question is either what degree of uncertainty, or in project management space what is the probability of achieving a predetermined time or cost commitment.

There are

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Project Controls – A Definition

6 years 12 weeks ago

The Guild of Project Controls is in formation, and most people have a view of what is involved in ‘project controls’ but what is the ‘dictionary’ definition of ‘project controls’?  To answer this question, my proposed definition for ‘project controls’ is:

Project controls are the data gathering, management and analytical processes used to

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The new the Complex Projects Contrac

6 years 16 weeks ago

The Complex Projects Contract 2013 (CPC2013) focuses on managing time to ensure projects are delivered to specification on budget and without delays. Unlike existing contracts, which target failure by requiring financial compensation for late completion, CPC2013 provides the procedures to enable parties to manage time, cost and risk events in a modern and proactive

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Making Sense of Schedule Risk Analysis

6 years 17 weeks ago

Planning Planet members are invited to a free AIPM Project Controls SIG  (PC-SIG) meeting to be held at The Water Rat Hotel, 256 Moray Street, South Melbourne VIC, 3205: http://www.thewaterrathotel.com.au/

Date: Wednesday 20 November 2013,  Start 5.30 pm – Start (note earlier start time) Finish 7.00 pm -  

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Spreadsheet error is normal!

6 years 20 weeks ago

There is not a project in this world that does not use spreadsheets from time to time and many are run exclusively by spreadsheets – in numerous surveys Microsoft Excel is listed as the most common / popular project management tool.  And generally speaking Excel gets the calculations it is asked to perform 100% correct.  Unfortunately the same cannot be said of the users who set up

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Spreadsheet error is normal!

6 years 20 weeks ago

There is not a project in this world that does not use spreadsheets from time to time and many are run exclusively by spreadsheets – in numerous surveys Microsoft Excel is listed as the most common / popular project management tool.  And generally speaking Excel gets the calculations it is asked to perform 100% correct.  Unfortunately the same cannot be said of the users who set up

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What is Schedule Quality?

6 years 41 weeks ago

 

As a scheduler within various industries, I have been asked “What is Schedule Quality?” In fact, if you pose this question to various project personnel, you may receive more than one answer per individual! Why? Some view “schedule quality” as a simple series of measures and techniques. I believe that the pursuit of schedule quality is a multi-front battle.

The United States

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Management By Walking Around

6 years 42 weeks ago

 

I met  a lovely old guy last week at a Fleetwood Mac concert at Madison Square Gardens who was an Attendant there. We got talking while I was getting a beer and he told me he'd worked there for forty years, he remembered when Fleetwood Mac first played there 20 years ago, Led Zeppelin filmed Song Remains the Same, Rolling Stones tours, he'd seen them all, I was very envious

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Cost is a management output

6 years 42 weeks ago

The simple fact ignored by most accountants, general management and project managers is that cost is an output from the management process, and pretending cost is a manageable input is a recipe for disaster.

Profit is the difference between the price received for doing work and the cost of doing the work. If the work is accomplished satisfactorily for less then the price that will be

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Why the PMBOK is not a Methodology

6 years 44 weeks ago

One of the more common discussions on the web and in other places is focused on arguing the merits of, or comparing, the PRINCE2 Methodology with the PMBOK Methodology.

The problem with the proposition is basic premise is completely wrong! The PMBOK® Guide is not and never has been a methodology. Methodologies define the processes, responsibilities and workflows needed to

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