To manage projects effectively, they need to be divided into work packages. This allows you to focus on the smaller tasks at hand and how they relate to one another, which makes the whole project more manageable. It forms the basic building blocks for planning, controlling and measuring project performance. Estimating the project cost and completion dates depends on … [Read more...]
If I asked you how far behind your project was, could you tell me in quantitative terms? Most people know the basic status of various tasks: "Well, that report was a week behind and Johnny should've finished his analysis by yesterday." But that's not good enough. Project management standards dictate that the project manager knows how far behind (or ahead) the … [Read more...]
If I told you to change a light bulb and you had two hours to do it, you would probably spend most of the two hours. You'd assume I thought you needed to go the store, or that I wanted it done a certain way, and that I've thought hard enough about it that you should take the two hours. In project management, this human phenomenon, that work tends to fit into the space … [Read more...]
Have you ever been involved in a project where unexpected issues outside of the control of the project team cause the project schedule to change? Never? I didn't think so, you're way too good for that. But for the rest of us mere mortals, keeping projects on track is an important consideration. Actually, I think larger projects are more likely to see schedule hiccups … [Read more...]
Imagine the following scenarios: A phone call or meeting with the client smooths over late delivery of a report. A subcontractor completes his task late and offers a financial discount that improves the project's economics. These are not uncommon scenarios, and they appear to render the current schedule meaningless. Does this mean it was a waste of time to make a … [Read more...]
In order to meet the completion dates on your projects, it is wise to develop a project schedule. Whether you're managing the construction of the new Oakland Bay bridge or building a new shed in your back yard, adequate planning can ensure any project is completed on time, on budget, and meets all of its intended goals. In this article I will give you a 5 step crash … [Read more...]
I'll admit that project management can seem like paperwork at times, particularly the schedule part. Creating, managing, and controlling the schedule can seem like a whole bunch of needless number crunching when the project success seems to depend on strange, hard to control metrics such as unexpected delays, or relationships with multiple client stakeholders. If you … [Read more...]
Managing the project schedule can be one of the most formidable parts of project management. I've seen more damaged client relationships through this area of project management than any other. Time management is essential to attaining successful projects. The Project Management Body of Knowledge (PMBOK) developed by the Project Management Institute (PMI) contains … [Read more...]
The Program Evaluation and Review Technique (PERT) is a great way for project managers to organize and prioritize tasks. PERT charts are a central part of any project management course. They are quick to draw and intuitive to use. How to Draw a PERT Chart There are two rules: Tasks (activities) are represented as arrows Milestone dates are nodes PERT charts … [Read more...]
Hopefully your projects never have this type of variance! A variance is defined as a schedule, technical, or cost deviation from the project plan. Variances should be tracked and reported, as well as mitigated through corrective actions. There are two types of variance which normally receive most of the attention: Cost Variance Schedule Variance Calculating … [Read more...]
