Dashboard Software

Dashboard Software. Which data analytics is better? A dashboard is a type of graphical user interface that often provides at-a-glance views of key performance indicators relevant to a particular objective or business process. A data dashboard is an information management tool that visually tracks, analyses and displays key performance indicators (KPI), metrics and key data points to monitor the health of a business, department or specific process. The easiest way…

The Influence Curve

Have you heard about The Influence Curve? The influence of stakeholders and the cost of change have a direct relationship and it all depends on time. Projects are vehicles of change…The key is to identify change early. Project research, as far back as Baker and Paulson in the 1970s, shows that definition and relationship management activities in the earliest stages of the project exert a significant influence over a project’s…

Change the way manage change

Do you know that the Number 1 risk to project success is “change”? The recognition of the value of change management changed over the last few decades and still for any project the number one risk to project success is “change”. One in six projects has an average cost overrun of 200% and 70% schedule overrun. Scope Creep is one of the most recurring themes in project failures. Change is…

DCMA 14-point Schedule Assessment

DCMA 14-point Schedule Assessment is a project management guideline established on 14 metrics that provide the possibility to make a qualitative and quantitative evaluation of the schedule. The DCMA (Defense Contract Management Agency) introduced it in 2005 to ensure projects worth over 20 million dollars were following best practice guidelines in the US Defence Department. The DCMA 14-Point Assessment 1. Logic – Is the schedule logical? Schedule logic involves scheduling…

EPC vs. EPCM

EPC (Engineering, Procurement and Construction) and EPCM (Engineering, Procurement and Construction Management) contracts. Which contract is better? Are you taking advantage of forming the right contract type during contract negotiations to suit the situation and overall goals of the project? EPC and EPCM contracting are both very prevalent types of contracts within the construction industry. Depending on the level of risk the Owner of a project is willing to accept,…

Transforming project controls

What do we do in project controls? Many professionals still struggle to understand project controls real value add to project success. It is simple, Project controls provide 3 things: 1.      Early warning 2.      Accurate forecast and 3.      Effective change and risk control Project controls, it is all about providing the right information, at the right level to assist project leaders to make the right decisions. Project controllers may not have…

Project health check

The year 2020 has changed the way we look at our health with the Covid-19 pandemic. When did you perform a health check on your project? Can you predict your project success? If you have observed the following Unhealthy Signs below then your project success is at risk. If you have observed the Healthy Signs below then your project success is more likely achievable. Which signs relate to your project?…

The 90/10 rule for Projects

Have you experienced the same way on your project? Why last 10% take 90% of the time? That is the 90/10 rule for Projects. The last little bit to complete takes forever and consumes a lot of resources and costs. I have seen a project manager get sick of the last 5% of engineering to be completed on the project and demobilise the engineering team without completing the last 5%.…

Ten steps for project success

How many projects have you seen delivered on time, on a budget? 70% of projects fail due to a lack of proper people, processes and tools. Let’s see how Earned Value Management (EVM) can help to deliver projects in time, and on budget. Simply stated, Earned Value Management (EVM) processes, systems and software enable the continuous assessment of project performance and status — helping management effectively measure how projects are aligned…

Planning vs. Scheduling

Planning defines WHAT and HOW, while Scheduling defines WHEN and WHO. Let’s look at Planning vs. Scheduling by understanding the Key Differences and Best Practices. In project management, planning and scheduling are two closely related but fundamentally different processes. Understanding their distinctions is crucial for effective project execution. Simply put: Both are essential for ensuring that projects meet their objectives within time, cost, and quality constraints. The Role of Planning…