Are you still operating with outdated assumptions and expectations? The stressful process of buying a new home and selling an old one proved to be an enlightening experience in project management and complexity for this practitioner.
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Of the many reasons that could cause contractors to experience a project delay or cost overruns, two elements always get this practitioner's attention: ineffective communication and slow decision making. How can this be solved? It all starts with understanding the process.
In order to achieve outstanding results in the implementation of industrial projects, there are two essential concepts: the early involvement of operations in the project for early input on the design; and start-up management to ensure the receiving organization’s readiness for the project. A single point of contact (SPOC) and start-up manager (SUM) can help.
Project management techniques can ensure that a facility closure is completed effectively, with economically, environmentally and socially responsible outcomes. Applying risk management processes assures the right set of strategies are incorporated into the project execution to respond to possible risks.
While applying her experience in the banking industry to a home expansion project, the author learned some key lessons: Project management skills are transferable between sectors and project managers should not be afraid to take on projects in areas where they have little or no industry knowledge.
Read how this tenured associate professor, who instructs in construction management at both the graduate and undergraduate levels, considers it his responsibility to develop opportunities for his students to acquire new skills and knowledge in project management.
One of the major reasons for project failure is the occurrence of unforeseen events that disrupt the smooth running of the project and cause irrecoverable deviation from the plan. How can we help minimize the risk when it comes to scope definition in construction projects?
This is an exploration of the importance of first-cost estimates in engineering projects and how they are used to decide whether to go ahead with market studies and engineering development—or dismiss the project.
With the profession moving forward into new territory, let us reflect and look back at our roots to ensure we are bringing forward those key lessons for continued success on our projects, programs and portfolios.