It can be tempting to fill up your strategic planning "bag" using all available information and resources. But doing so can cause problems as the plan progresses. Sometimes leaving some things out of the initial plan is better down the road.
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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.
With rising environmental concerns and global warming, there is an increase demand for electricity and other alternative energy sources around the globe, to deliver clean, reliable and affordable energy. Energy industries encompass a broad group of sectors - oil and natural gas, coal, nuclear, wind, solar, hydro, geothermal etc. Each of these industries contain very different types of organizations, and what constitutes risk in wind projects is far different than in nuclear. But they all share a similar challenge; to produce more energy at a lower cost with fewer emissions.
A project schedule is an indispensable tool in the hands of a Project Manager to efficiently manage and direct project work. A well-constructed and maintained schedule is a key ingredient needed for the success of any project. The DCMA 14-point assessment offers a project manager an industry defined method to quantitatively evaluate a schedule and improve its quality. The project manager may use the DCMA 14-point assessment at the beginning of the project as a set of guidelines for developing a logic driven, solid and manageable schedule, and throughout the life of the project, as a set of health checks for periodically evaluating the schedule against a set of measurable criteria.
Save Time With Tools + Templates
Now updated! The tool creates a Gantt chart that can be used for presentations. Using this planner for "what-if" upfront planning is faster and easier than trying to do it in real time with dedicated project software. The tool easily allows adding comments or annotations to a Gantt chart, re-arranging tasks into logical flows, or showing multiple tasks in a single row.
Updated for 2022! 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.
UPDATED for 2022! To be used in conjunction with Evaluating Benefits: Getting Statistical (Part 2). This template evaluates uncertain revenue. Probabilities describe the area under the curve to the right of the planning estimate, answering the question, "What is the probability of earning at least $X or more revenue?"
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
What do painting rooms, installing flooring and spreading top soil have to do with project management? The steps can help teach us important lessons about the basic relationship between sequential work packages—along with the use of lags and leads.
Project managers often focus a lot on developing estimates, but sometimes they ignore the most important aspect of those estimates. Let's discuss the importance of standard deviation.
How do we differentiate between effort and duration? What estimating techniques can we use to determine how long work will take to complete? As we continue to build a foundation of project management knowledge, we explore this crucial aspect of project plans.
Does a project delay of a few days really matter? Yes! Schedule delays are often treated as no big deal, but that’s a dangerous approach. We need to view the schedule as a guideline, not as a weapon.
You can use a simple spreadsheet to make a reasonable best guess of the likely duration of a given task. This explanation of three-point estimates and simple triangle probability distribution—along with its accompanying Microsoft Excel spreadsheet—can be used to conduct a Monte Carlo simulation.
Dependencies are a critical part of project planning, but they aren’t always as clear cut as they may at first appear. A better understanding of hard and soft dependencies can help.
This article shares the challenges a PM experienced while managing the construction of a 5-star hotel on the Caribbean island of Grenada during the pandemic—and how he navigated through change management to stay on track.
A lot of emergencies and unplanned tasks interrupt our daily work schedule. What can we do when this happens? Ask yourself these five Ws to help maintain sanity, be productive at work and maintain a better work/life balance.
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.
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.
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