Once the tasks within the project have been defined, the resources required by each task must be determined. To do this, we consult the PMBOK's Estimate Activity Resources process. PMBOK, 5th Edition, Section 6.4, "Estimate Activity Resources" Estimate Activity Resources is the process of estimating the type and quantities of material, human resources, equipment, … [Read more...]
If there's one part of project management that's bigger than all the rest, it's project scheduling. Since a project is defined as a temporary endeavor with a distinct beginning and end, defining when that end takes place and making sure it finishes on time are, by definition, extremely important to any project, large or small. Professional project managers look at … [Read more...]
If there's one part of project management that's bigger than all the rest, it's project scheduling. Since a project is a temporary endeavor with a defined beginning and end, defining when that end takes place and making sure it finishes on time are extremely important to any project, large or small. Professional project managers look at the schedule every day and … [Read more...]
I think someone needs to pay closer attention to road! In order to make sure that disasters like this never happen, the project manager should institute a strong system of project monitoring. Fortunately, there is plenty of information within the Project Management Body of Knowledge (PMBOK) for this. If done right, it can save your project from disaster. In fact, … [Read more...]
Putting out fires is practically part of the job description for some project managers. Every project has changes throughout its life span, sure, but how do you control them, or better yet, how do you stop them from popping up? Project controls are where the project manager earns their wages. Assigning work is relatively easy, but how do you ensure the quality of the … [Read more...]
Some projects are like boats without a paddle, drifting aimlessly at sea with little knowledge of what their final destination will be. Most of these projects do not end up at the destination that was planned. Project scheduling is the key to ensuring the original project plan and final project outcome are at least close enough to call the project a success. It's … [Read more...]
The Critical Chain Method is a relatively new concept in project management. It was developed and popularized by Dr. Elihayu M. Goldratt in his book Critical Chain (1997), which is written as a novel but outlines the methods used to ensure that projects complete on time. The Critical Chain method is similar to the Critical Path Method which is in widespread use today … [Read more...]
Making sure a project finishes on time is a core competency for all project managers. Although it is partly an art form, the Project Management Body of Knowledge (PMBOK), the PMP exam, and project management curricula all outline the science aspect. If you know the science part well, you can practice the art form and deliver project after project without a sweat. The … [Read more...]
In project management, getting an early indication of problems is the silver bullet that allows the project manager to correct the problems before they start. The Schedule Performance Index, usually abbreviated as SPI, is one of the fundamental outputs of the Earned Value Management System. It tells the project manager how far ahead or behind the project is at the … [Read more...]
In project management, getting an early indication of problems is the silver bullet that allows the project manager to correct the problems before they start. Schedule Variance, usually abbreviated as SV, is one of the fundamental outputs of the Earned Value Management System. It tells the project manager how far ahead or behind the project is at the point of analysis, … [Read more...]
