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Author: admin

08 Mar

Posted at 10:18h in Project Management
0 Likes

It is an undisputed fact worldwide known by both Planners and PM's that the Planning concepts and techniques are either correctly or incorrectly implemented. For example, the S-Curve is a well-known concept which gets defined as a graphical demonstration of cumulative work/cost of the Project that has to be done throughout the Project’s life cycle. Or calculation of progress based on the steps/milestones. The shape of an S-Curve could demonstrate/reveal many data/info about the Project, therefore, any shape will not be...

04 Mar

Posted at 10:21h in Earned Value Management
2 Likes

We had a couple posts/ articles about the Schedule Reliability Factor, performance (https://khonopc.com/forecast-completion-date/) and their impact on the completion date.  We have also developed the Khono Analysis Toolkit to undertake analysis based on performance. We have tried to shed some light on the topic in this article. Let’s consider a Project that was planned to be completed in 12 months. After 6 months from the start, the Project has experienced a 3-months delay. Then, the Project team/client requests for a recovery...

02 Mar

Posted at 10:42h in Project Management
1 Like

The cost / payment Front loading and back loading has been a favorite discussion for many clients and contractors especially at the inception stage of the Project. The client tries to pay as late as possible to gather higher certainty that the contractor would be on the project to its completion (and perhaps finish it on time). The contractor, wants to get more invoice value as early as possible and have positive cash flow Obviously, miss-implementation of the concept and pushing it...

25 Feb

Posted at 11:33h in Project Management
3 Likes

A PDF copy of a Project Schedule is a simple document that displays the activities, WBS, Project’s Key Dates and critical activities. Although the planner is responsible for Planning and Scheduling but the PM is ultimate accountable person to deliver the Project as per the contract and specs. Therefore, he/she should know more about the Schedule, assumptions, logics, etc. and should be able to ask the right questions. Some of the questions that a PM should ask are as follows: Existence...

23 Feb

Posted at 05:35h in Resource Management
0 Likes

Should we add name/ surname of the resource in the resource pool or not?  Or what is the criteria to add or not to, the names in the resource pool? Normally, during the Engineering phase of Projects because the list of the people who are working in the project is readily available, the planner attempts to add them one by one into the resource pool. This practice does seem to be much better than adding roles and is, also preferred by...

21 Feb

Posted at 21:00h in Resource Management
3 Likes

We have had this type of discussion around resource loading a few years ago but it reared its head again recently on one of the Projects that we recently reviewed. In this practice: Management requests the loading of all resources that are assigned to the Project into the Schedule so as to be able to manage them all!The planner retorts, I will load all the man-power and man-hours into the Schedule! At that point in time, these two ideas seemed excellent and...

15 Feb

Posted at 09:24h in Project Management
3 Likes

To develop a reliable Engineering schedule, the Planner has to have a good knowledge about: Relationships among Engineering deliverablesRelationships among the disciplinesRelationships between Engineering and ProcurementRelationship between procurement and 3D model developmentRelationship between Engineering and Construction,Assist the team in man-hour estimationProvide guidelines in managing the reworks and revisionsAnd many more Majority of Planners do not have such knowledge and experience; therefore, they fail to support the Projects effectively. On certain cases, the Planner applies tricks and develops the Engineering and Procurement on...

18 Jan

Posted at 20:30h in Earned Value Management
0 Likes

In most of the project, the Project control team require to prepare analysis to assist the management team to in decision making. When the analysis gets presented to the team or other parties, there is always argument around the bases of the calculation, data range, asking for more what-if scenarios etc. Also, the available techniques are generally linear despite the S-Curves shapes that are not liner. As a result, it brings more arguments to the table. For example, based on...

16 Dec

Posted at 20:15h in Project Management
0 Likes

The forecast completion date is one of the common requirements from the PMs and Client for the PC team to calculate/demonstrate. Forecasting of the completion date is a very critical aspect specially to estimate the Time basis cost. There are many techniques/ solutions to be undertaken in order to satisfy the request. In this article we will review some of the them and the intent to introduce the upcoming Application which is under development. 1- Schedule It is the most common...

07 Dec

Posted at 10:19h in Progress Measurement System
5 Likes

Discussions around progress reports and weight values never cease to exist. On almost every occasion, there will be another aspect (rightly or wrongly) to argue about. The argument becomes tense especially in EPC Projects around the weight values. Some of these arguments could as follows: If we complete Engineering (10%) and Procurement (40%) only, how can the overall project be 50% whilst construction is zero?What is the basis of calculations? Money, time, quantity, milestone, etc.? Whichever you chose, another one will...