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Project Management

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...

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...

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...

06 Nov

Posted at 07:54h in Project Management
2 Likes

Many a times, in order to develop a Schedule, we receive data from the project team in an Excel file which requires to be captured as WBS and/or Activity into the Schedule. There are many ways to capture these into a Schedule e.g. manual entry, using P6 export/import function, open the XER file in Notepad then add the WBS and activities, and some other Excel based tools. In most of these instances, the Planner is required to do much more...

23 Oct

Posted at 21:22h in Project Management
0 Likes

The image, illustrates two S-curves for a Project:1- The Red curve and blue bars are developed based on the distribution of E, P, C budget2- The black curve and orange bars are developed based on a detailed ScheduleWhich one represents the project plan progress more accurately? Obviously the 2nd one!What is the chance of delivering a Project successfully using the high level S-curve? Wouldn’t be high!Could the PM make accurate decisions based on the high level S-Curve? Most-likely not!The 1st...

11 Oct

Posted at 10:30h in Project Management
10 Likes

How do you issue your Primavera schedule to the project management team? In PDF or Excel! In both cases, the project team, most likely, will not review and will not provide any feedback or comment! Because, The in both formats are not user friendly and they will not be able to navigate through the WBS and activities. To simulate the Primavera format and grouping style, use our Schedule Format and Grouping file. It is free. Click here...

07 Oct

Posted at 19:47h in Project Management
0 Likes

Almost in all capital projects, we could see / hear about the following items. These items are some of the most critical requirements for effective project management and successful projects delivery: Resource ManagementBudgeting, etc.S-CurvesPMSEVM / ES and performance analysisProgress ReportsAnalysisScope creep and managementCatch-up / acceleration planRisk Analysisetc. What is the data source to prepare/ develop them?A Resource loaded schedule is the main or one of the main Data Source for all of the above items. As we know, many projects around the...