For those who believe, let us pray together for world peace and spiritual healing! In this chaotic time of war, disease, disaster, evil, turmoil, changing norms, disruptions, and other challenges, goodness can be expressed in many ways. We in PM Solution Pro pray for the best in people, in the days and months ahead.
A good risk-based plan will translate to an excellent risk-based schedule, but it continues beyond there. To complete the statement loop, one must say, “A good schedule feeds back to the risk-based plan to make it better.”
Project management does not end after the team develops a project plan. The plan is more of a starting point than completing a management process.
When client and contractor start throwing accusations against each other surrounding schedule baseline management, one can easily conclude that a problem or issue is brewing. It can turn into significant risks.
I have encountered many self-proclaimed planning/scheduling experts in the construction industry. The concern is when the discussion revolves around the critical path fundamentals; more than half cannot explain its essence. They need to have that picture-perfect impression of what it really is.
Does this mean that the term critical path is but a salesperson’s word?
How can we trust a project manager, a project specialist, or a scheduling expert who does not know one of the most important aspects of scheduling and good project management?
Integrated assessment of a schedule is a must! Good integration is impossible amidst poor quality information. Achieving the desired level of execution quality at an early stage is next to impossible unless it is an exact replica of a previous project, a cookie-cutter project. This writeup will help you appreciate the importance of schedule integration through out the project’s phases. Understanding that proper integration is one of schedule’s best quality attributes. Implementing the practice will surely lead to better project results. Reflect on your own professional experience about plan and schedule integration and you’ll realize quickly that integration is needed for all project management elements to communicate properly and prevent the project from falling apart.
The range of understanding runs a distance between true and false but never in absolute terms. In effect, what each one of us experiences might be a subjective truth and not an objective reality. The scenario creates limitations to the accuracy of one’s decision. Read more to find out what this is about.
Everyone knows that speed kills, and seeing someone traveling above the limit makes us question how any intelligent person can commit such a reckless act. Yet, it is the number one way to cause or get into a car accident.
The greatest gift a man can give to his children is to love and respect their mother (Hesburgh, T., 1917-2015). Mother’s Day is coming fast. Don’t forget to honour your better half! Remember to hug your mom! Cheers to all of them!
Federico is one of PM Solution Pro’s highly skilled resources in project controls, change management, planning, scheduling, and EVM/Power BI…
Data maturity and reliability are at their lowest when assumptions (fill-in information) and constraints peak. The rule of thumb to follow: Projects should not be sanctioned when the unknowns far exceed the knowns.
Data maturity is a project attribute project managers have to deal with in some intelligent way. They seek to formulate a way to address missing and incomplete information and strike a balance. Integrating a project with missing or insufficient work scopes is not ideal. Filling in an information space with assumed fill-in data is a risky trade-off.
Any project is capable of generating a believable risk-based schedule baseline. Project confidence is higher when the team knows the target schedule is achievable. It is also cheaper and more economical. Quantification assesses the overall schedule risk of a project. The schedule baseline becomes risk-based because risk probability and consequence are measured. I espouse using a P50 Risk-based baseline as the middle-ground. However, other synchronized schedule baselines such as P40, P60, or higher are also possible.