Preparation of progress reports and schedule update is one of the routine works of the project planners. The accuracy of the reports and updates could be the tipping point for success or failure of the project. Due to same reason, most of the planners have a good knowledge of the types of progress measurement and weight values (W.V). However, there is always a thin fine line without which the system is bound to fail. 1-...
Most Enterprise project companies use a common resource pool to draw on for all of its Projects. As a result, resources get assigned to work on multiple projects at the same time (shares resources). In this kind of companies, managing the resource assignment is critical for successful delivery of a project. However, despite the criticality, many companies do not have any procedures and not know-how to deal with shared resources. Most often, the following two scenarios take place in these...
EVM is a well-known concept which seems easy to implement simply because it has only three primary variables. However, in a live project, due to complexity of the data, component and variables, most people fail to implement it correctly. EVM often gets criticised or negatively commented upon that it does not add any value. Some of the criticism is misdirected or has no merit. For example, we often hear that it does not evaluate the critical path and/or it does...
SAT makes the resource loading simple, easy and very accurate. It does undertake all the calculations and data entry into the schedule. As a result, calculation mistakes get eliminated, data entry mistakes get eliminated, processing time gets reduced and etc. It is on sale for 30% discount for limited duration, don't miss it. For more detail about SAT, click here https://youtu.be/NhX7nuOHcrk ...
There seems to be no limit to incorrect planning procedures, for as we review some, we find weirder practises! The irony is that there is usually no report or analysis indicating the negative impact of these incorrect practises on project failure. Moreover, most of these practises are as per the instructions of a lead planner, client, and consultants. It gets accepted as a reliable source for status reporting and assisting the project team. In this article we will review, how...
EVM is a well-known concept amongst people working in the Projects industry. It has a few simple formulas all of which use three primary variables. Much as it is a well-known concept, on the contrary, still not many companies and projects are successful in its implementation. On most Projects, the Client adds a clause in the contract or procedure, requesting for the implementation of EVM. However, most companies including South African ones and contractors fail in its correct and efficient...
For Resource Loading, the above concepts get used by most Planners. Some planners mix the man-hours with man-day or working hours with productive hours. On certain instances, some planners do not even apply the productive hours in the calculations and assume the resources are productive throughout the day! On the other hand, the project manager / construction managers do like the productive hours and many of them emphasize that the daily/weekly commodity must be planned based on the productive hours. In...
Sometimes during discussions on Weight Value, most people immediately jump to the conclusion that Man-Hours, Cost, etc. must be used. On some Projects, man-hours could be applicable whilst on others Cost. However, for other projects, it could be another factor. It is clear that one factor would not be applicable to all projects. The project’s scope of work, the purpose of PMS, interface with other project control components, etc. must be considered during the weight value calculations. In the following example,...
We measure Engineering Progress in man-hour!We measure Construction progress in man-hour!Man-hour is more accurate in calculating progress!We don’t care about the cost because we don’t measure cost!The cost is more accurate for procurement! 1- These are some of the statements that we came across when PMS gets discussed on Projects and many professionals get excited and try to coerce others to accept what they say. But how true are these statements? To discuss the matter in detail, let’s consider the following...
Resource Leveling is one of the concepts that the planners get ask to perform it as part of the resource loading practice. The Process can be complicated and to achieve sensible results, more than one scenario needs to be analysed and demonstrated. Still the outcomes have to be reviewed and presented to the project management team to make the most appropriate decision based on the cost benefits of the scenarios. In this article, we will walk through some of the...