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Advance Your Career

Creating and Capturing Value – More than just Cost Reduction

by Iain Fraser
June 14, 2018 | 60:56 | Views: 8,279 | PDUs: 1.00 | Rating: 4.40 / 5

Clarifying and widening the status quo around value, especially at the enterprise level. This webinar aims to offer an explanation of value management that goes beyond the notion of value engineering and process-based tools.

EDM: Earned Duration Management a Novel Approach

by Homayoun Khamooshi
April 29, 2014 | 62:47 | Views: 574 | PDUs: 1.00 | Rating: 3.77 / 5

The concept of schedule monitoring and control as one of the most important functions of project management has not been fully exploited. That could stem from the dominance of Earned Value Management Systems which use cost indicators to measure schedule preformance. This can be misleading. In contrast to Earned Value and Earned Schedule, the authors have developed the Earned Duration Management (EDM) which uses certain indices to measure progress and performance of schedule and cost.

See all Cost Management On-demand webinars

Save Time With Tools + Templates

Profit-Loss Template

PREMIUM deliverable
by Khaled Istanbouli

This Excel sheet helps you track monetary trends for various project items and plots a graph summary based on your entries. Adapt the items and expenses to suit your project.

Project Dashboard Template

deliverable
by Mamadou Issa

Use this project dashboard to give team members and stakeholders a snapshot of your project, including an executive summary, completed and upcoming activities, milestones, risks, budget information and more.

Portfolio Dashboard Template

deliverable
by Mamadou Issa

Use this Excel sheet to monitor and projects in your portfolio. Report status and financials to have a global view of the portfolio, including risk levels for scope, schedule and cost.

Project Status Update (Presentation) (Korean Translation)

PREMIUM presentation
by Daniel Grzybek

이 프리젠 테이션 템플릿은 중대형 프로젝트 또는 동일한 이해 관계자가있는 여러 프로젝트를보고하는 데 사용되는 공식적인 고객 대응 현황 보고서입니다.

Learn From Others

Data Quality Management in Engineering and Construction Projects

by Valentin Kouprine, PhD, PEng, PMP, Daron Kinsey, MIEAust, Randy McMeekin, PEng

The engineering and construction industry is transforming from a document-driven to a digitally driven sector. Besides the physical assets delivered, managing project data and information is essential to providing better quality deliverables, cutting costs and controlling risks.

Project Constraints on a Journey Toward Being Agile (Korean Translation)

by Pawan Rai

모든 프로젝트 관리자는 범위, 시간 및 비용으로 구성된 프로젝트 관리 삼각형을 잘 알고 있습니다. 프로젝트의 성공을 달성하기 위해서는 품질, 자원 및 위험 요소가 반드시 고려되어야합니다. 여기에서 초점은 민첩성의 시대에 이러한 제약이 어떻게 관련되어 있는지 이해하는 것입니다.

Explain Program Risks with Cost of Delay (Japanese Translation)

by Johanna Rothman

製品と機能の遅延は、ITプロジェクトの採用や商用製品の収益に悪影響を与える可能性があります。 遅延コスト(CoD)は、これらのコストを説明し計算する方法です。 アジャイルプログラムマネージャーがCoDを使用してリスクを説明する方法は次のとおりです。

Explain Program Risks with Cost of Delay

by Johanna Rothman

Product and feature delays can adversely affect adoption for IT projects and revenue for commercial products. Cost of delay (CoD) is a way to explain and calculate those costs. Here’s how one agile program manager used CoD to explain risks.

Topic Teasers Vol. 73: Multi-year/Complex Projects (Korean Translation)

by Barbee Davis, MA, PHR, PMP, PMI-ACP, PMI-PBA

질문 : 프로젝트가 정상적인 길이라면 경험이 있습니다. 그러나 이제는 매우 복잡한 일이 될 수있는 다년간의 프로젝트를 이끌어야합니다. 더 큰 냄비에 생선을 그냥 튀기고 있습니까? 아니면 사업이 대규모이고 국제적 일 때, 아니면 더 오래 걸리고 평소보다 많은 인력을 동원 하는지를 아는 특별한 절차가 있습니까?

Efficient Project Team Consolidation in Post-Merger Companies

by Nat Schatz

When evaluating the acquisition of a company, many organizations emphasize the financial aspects but downplay facets of the consolidation dealing with project execution. This paper examines the major considerations and discusses how to improve the integration process to avoid negative impact.

Project Management Tattoos That Don’t Wash Off (Part 1)

by Roger Kent, PMP, PMI-ACP

Getting a tattoo is an act of meaning. You get “inked” to help you remember something: an idea, a person, an inspiration. What PM tattoos should you consider to help you on your road to success?

Project Constraints on a Journey Toward Being Agile

by Pawan Rai

Every project manager is familiar with the project management triangle, comprised of scope, time and cost. Quality, resources and risk are additional factors that must be accounted for to achieve project success. The focus here is to understand how these constraints are still relevant in the age of agile.

Topic Teasers Vol. 105: Strategic Analysis for Typical and Non-Typical Projects

by Barbee Davis, MA, PHR, PMP, PMI-ACP, PMI-PBA

Question: With the new emphasis on strategic and business skills for project managers, I know I should do some more concrete analysis of project success. But the projects I do are non-typical, and the “success” is more difficult to measure than number of units sold or even the profit margin. How can I calculate value in a more intangible environment?

Leveraging ROI Methodology in the Public Sector

by Vinod Kumar Paidakula

In order to maintain the same level of service to citizens, federal and state agencies need to increase efficiency by applying innovative techniques such as the return on investment methodology. This article aims to provide an introduction to ROI methodology and provides an example of how the public sector can make its processes more effective by applying it.


Ask a Question

Discussion Rules

Recent Questions

Topic Originator Last Post Votes Replies
Tricky Topic. Share your worst mistake as a PM  Eduard Hernandez  Mar 17, 2019 10:55 AM 
Standard Accounting -  Pete Chamberlain  Mar 14, 2019 2:31 PM 
When preparing cost estimation for work order for sub project. Incase we have items to be performed and not part of contract. Could we include it in the BOQ for the work order by increase quantities   Riad Alhammoud  Mar 5, 2019 1:05 PM  10 
Estimate time and cost using expert judgement?  Ricardo Adrian Valencia Villaseca  Mar 1, 2019 1:38 PM 
Is there any difference between BOQ (BILLS OF QUANTITY) and WBS (WORK BREAKDOWN STRUCTURE)??? Anyone who can help me on this please.  All-ustaadhi Natosa  Feb 27, 2019 8:33 AM  11 
Small Project Management  Hugo Morgan  Feb 25, 2019 10:50 AM 
project budget  KEYULKUMAR DAVE  Feb 19, 2019 2:22 PM 
WBS challenges  Abolfazl Yousefi Darestani  Feb 15, 2019 12:41 PM 
Budget Considerations for Outsourcing Work to Freelancers   Pang DX  Feb 1, 2019 1:49 PM 
Diploma or Degree in Delay Analysis and EOT Claim preparation  Mobeen Kazim  Jan 31, 2019 11:56 AM 
Comparison of project resources from an estimate Vs project planning resources  Suhas Jadhal  Jan 17, 2019 10:07 AM 
Design fees as function of construction cost   Anonymous  Jan 14, 2019 10:15 AM 
Project resources and timesheet entries  Cesar Fiestas  Jan 4, 2019 10:38 AM  19 
Global Per Diem Rates List  Cesar Fiestas  Dec 29, 2018 2:24 PM 
Projects in everyday life  Dinah Young  Dec 20, 2018 12:32 PM 
How do you use Agile in financial management?  Stelian ROMAN  Nov 18, 2018 7:21 PM 
Number of hours a manager should charge to a task order for an employee?  Scott Strong  Nov 15, 2018 3:19 PM 
What type of costs can be part of a task?  Cesar Fiestas  Nov 15, 2018 12:30 PM  15 
In an economic crisis scenario, what would be the best ways for reducing project costs and increase its efficiency?  RAFAEL BARBOSA  Nov 15, 2018 7:45 AM 
A journey to the PMP Certification  Janvier Ndayisaba  Nov 11, 2018 9:05 AM  22 
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