How do you incorporate risk mitigation plans into the integrated master schedule (IMS)? It is useful to be able to see the status of the mitigation plan in the IMS and the impact on other tasks if the mitigation plan begins to slip. This discussion presents a risk scenario to show you how to implement a risk mitigation plan on your own projects.
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New technologies, hybrid projects, the launch of a PMO—when the environment is constantly changing, how do you craft a schedule (or multiple schedules) for project success? Discover timely answers here—and only here—at the PMI Scheduling Conference 2017, exclusively for PMI members.
Love project scheduling? Or just want to learn what’s new in the world of project scheduling? Attend the PMI Scheduling Conference – exclusively for PMI Members. Learn the latest in scheduling best practices not available anywhere outside of PMI. We’ll share tips and tools from real-life projects and programs.
How do you incorporate risk mitigation plans into the Integrated Master Schedule (IMS)? This is important because it is useful to be able to see the status of the mitigation plan in the IMS and the impact on other tasks if the mitigation plan begins to slip. This webinar presents a tutorial on risk management. It includes: the risk management process; risk identification methods; risk analysis techniques; risk response (handling) methods; and risk monitor and control approaches. Finally, the webinar will explain and show by example how to integrate a risk mitigation plan into the IMS.
This webinar provides an introduction to Delay Analysis; Forensic Planning; and Scheduling and how they relate to Extension of Time Requests preparation and submission. Attendees will learn: Delay types and how disputes arise; the difference between the Critical Path and the Longest Path; delay analysis / forensic planning/ scheduling techniques and when to use each technique; and tips on preparing successful Extension of Time Requests.
Save Time With Tools + Templates
This template was developed for its use on construction projects. However, its format and ease of data entry allows it to be easily transferrable to numerous disciplines. The sample template shows one Project Package, which is further categorized into three Project Phases.
Updated for 2020! Statistical PERT is an estimation technique that project professionals use to align expectations and make better business decisions. Use Statistical PERT to create a probabilistic forecast for many project uncertainties, such as how much your project will cost, or when you might deploy the next agile release. Statistical PERT easily models a wide variety of uncertainties using built-in statistical functions inside Microsoft Excel, making estimation easy to do—even for people who don't like statistics.
There are many available techniques for estimation; however, during the RFP/proposal stage, estimation becomes a challenge due to the high level of scope and information, short durations, urgent submissions, etc. One has to rely on a work breakdown methodology and past experience to derive the schedule, effort and resource requirements. This sample template will help you log a variety of planning activities.
While actively participating in mentorship during a project with a local design/build firm, this practitioner compiled an overview of the project management process as detailed in PMI’s A Guide to the Project Management Body of Knowledge (PMBOK® Guide). Use this overview with other project managers as a tool to reference in your day-to-day PM activities (as well as share with new project managers).
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Learn From Others
Nearly 50% of projects worldwide during the previous eight years have experienced delays in their schedule. By examining several sources, with a focus on oil and gas projects but applicable to most projects, the paper consolidates the identified causes, categorizes them, and ranks them in the form of a top 12 list of the most common delay causes in projects.
The application of a baseline to projects is an essential tool in measuring project schedule performance during post-project review. Setting multiple baselines can be very useful in providing an historical record of how the schedule progressed.
Sharing only single-outcome estimates of the future fails to convey project risk, uncertainty and the project team’s nascent project knowledge. A far better approach is to use visual signals to help project sponsors sense the uncertainties that they and their project teams face.
The benefits of project management for traditional energy projects, such as building a power plant, are well known. But there are also benefits for energy sector reform, particularly government initiatives. Project management techniques can help by clarifying objectives, engaging stakeholders, improving the speed of legislation, and managing scope and schedule.
To brush up on your project technical skills, it's time to explore a few timeless skills: time and resource estimation; 2. risk management; and 3. scheduling. These skills will help you improve your performance, or challenge the adequacy of the plans developed by your team.
Organizational leadership often favors the development of soft skills, resulting in the gradual erosion of PM technical skills that form the foundation of any solid project management capability.
Sharing probabilistic estimates with stakeholders is one of the best ways a project manager can align expectations and foster sound decision making by sponsors and other executives...even on an agile team.
Project management techniques help to establish order and clear lines of responsibility and can be invaluable tools for successful implementation of due diligence efforts. The application of a WBS and a project schedule remove the potential bias of a “done deal” mentality and focus the effort to develop an informed opinion.
With projects increasingly being initiated with incomplete scopes—and with change becoming ever more frequent—what role does estimation play today?
How long should we spend on planning as a proportion of the project lifecycle? That's a very good question, and one this practitioner often gets asked. So, is there an answer?
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